Swiss widen sanctions against Russia, Belarus in line with EU measures
The new measures mirror the European Union package and add export controls on 60 companies to block supplies to Russia's military industry.
- On May 22, Switzerland expanded sanctions against Russia and Belarus, with The Federal Department announcing asset freezes and travel bans for 115 individuals and entities aligned with European Union measures.
- These restrictions build upon a sanctions package enacted by Bern earlier this year, including a comprehensive ban on Russian liquefied natural gas and financial measures mirroring the European Union's 19th sanctions package.
- Sixty additional companies, including several operating out of third countries, now face stringent export controls designed to block critical goods and technology to the Russian military apparatus.
- New listings target individuals involved in the forced deportation and ideological indoctrination of Ukrainian children, placing many into "re-education camps" across Russia and temporarily occupied territories.
- International Criminal Court arrest warrants have been issued for Russian leader Vladimir Putin and Maria Lvova-Belova regarding the illegal deportation of over 20,000 Ukrainian children since the full-scale invasion began.
16 Articles
16 Articles
Switzerland has expanded its sanctions lists against Russia and Belarus, upholding most of the restrictions provided for in the European Union's 20th sanctions package.
Swiss widen sanctions against Russia, Belarus in line with EU measures
Switzerland expanded its sanctions lists against Russia and Belarus on Friday, adopting parts of the European Union's latest package of measures over Moscow's war in Ukraine, the government said on Friday.
Switzerland has expanded sanctions against Russia and Belarus, supporting part of the restrictions adopted by the European Union as part of the 20th sanctions package.
Switzerland adopts most of EU's 20th sanctions package against Russia, including crypto restrictions
Switzerland's alignment with EU sanctions on Russia highlights increasing global regulatory scrutiny on crypto, impacting compliance costs and jurisdictional advantages. The post Switzerland adopts most of EU’s 20th sanctions package against Russia, including crypto restrictions appeared first on Crypto Briefing.
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