Global Trade Alert
Global Trade Alert

Switzerland: Inclusion of over 80 new companies on the frozen fund list headquartered in Russia and Crimea

Announcement

20 Dec 2023

In December, the Swiss Federal Council announced that it was adding over 80 entities to the frozen fund list in relation to the Russian invasion of Ukraine. The companies have headquarters in Russia or in Crimea.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Dec 2023

Revocation date:

No revocation date

Updated: 20 Dec 2023
Controls on commercial transactions and investment instruments In force

On 20 December 2023, the Swiss Federal Council announced that it was adding three telecommunication companies and a military education centre headquartered in Crimea to the list of entities whose f...

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Updated: 20 Dec 2023
Controls on commercial transactions and investment instruments In force

On 20 December 2023, the Swiss Federal Council announced that it is adding 81 companies headquartered in Russia to the list of entities whose funds and economic resources will be frozen in Switzerl...

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