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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 taking crypto-based assets from Russian nationals or natural or legal persons residing in Russia by amending the Ordinance "On measures related t...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

27 Apr 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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