On 13 August 2025, the Swiss government adopted the Ordinance on the harmonization of sanctions ordinances (āOrdinanceā), introducing a number of provisions relating to financial sanctions and their exceptions and derogations in relation to 14 of the 28 sanctions regimes in force in Switzerland (already briefly mentioned here). The Ordinance will come into effect on 15 September 2025. The sanctions regimes affected by the amendments introduced by the Ordinance are the following: In essence, the…
As a first step towards implementing the EUās 18th sanctions package, the Swiss government amended several annexes to the Ordinance on Measures in Connection with the Situation in Ukraine (āUkraine Ordinanceā) on 11 August 2025. The Swiss government also extended the lists of designated persons in the Ordinance on Measures against Belarus (āBelarus Ordinanceā) and the Ordinance on Measures against Moldova (āMoldova Ordinanceā), following the listings adopted by the EU on 18 and 15 July…
On 2 April 2025, the Swiss Federal Council announced an update to the Swiss dual-use goods control lists. This change represents a noteworthy departure from the international export control regimes that have traditionally consensually updated these lists but that are currently blocked due to ongoing geopolitical tensions. As a result, Switzerland has now issued revised lists in line with key trade partners. Dual-use goods are goods that can be used for both civilian and military…
On November 06, 2019, the Swiss Government adopted selective adjustments to the Swiss sanctions against the Democratic Peopleās Republic of Korea, thereby implementing the exceptions to the export ban agreed by the UN SC Sanctions Committee. The amendment will come into force on 1 December 2019.