Announcement
25 Feb 2022
In February 2022, the Swiss Federal Council froze the funds of three Russian banks and a tech company in the context of the Russian attack on Ukraine.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 Feb 2022
Revocation date:
No revocation date
Announced: 25 Feb 2022
Controls on commercial transactions and investment instruments
In force
On 25 February 2022, the Swiss Federal Council announced the listing of Russian entities whose funds will be frozen. The new entities subject to this sanction are Bank Rossiya, PROMSVYAZBANK and Vnesh...
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Related State Acts
Announced: 27 Apr 2022
Switzerland: Further trade restrictions on Russia and Belarus
Announced: 13 Apr 2022
Switzerland: Financial sanctions introduced for a further 18 Russian banks and companies
Announced: 25 Mar 2022
Switzerland: Introduction of trade restrictions and financial sanctions towards Russia
Announced: 16 Mar 2022
Switzerland: Trade restrictions and financial sanctions against Belarus introduced
Announced: 15 Mar 2022
Switzerland: Nine Russian companies added to the asset freeze and financial sanctions list
Announced: 04 Mar 2022
Switzerland: Export bans against Russia in the field of aviation, space and oil refinery and dual-use goods introduced
Announced: 23 Feb 2022
EU: Three Russian banks and one technology company added to the frozen funds list as part of sanctions package
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