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Global Trade Alert

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Switzerland: Further trade restrictions on Russia and Belarus

Description

On 27 April 2022, the Swiss Federal Council prohibited the registration of trusts in Switzerland for Russian nationals or natural or legal persons resident in Russia by amending the Ordinance "On meas...

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Intervention Details

Intervention Type

Control on personal transactions

MAST Chapter

Capital control measures

Implementation date

27 Apr 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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