Category: Compliance

The case The Federal Department of Economic Affairs, Education and Research (EAER) has expanded its list of sanctions against Russia and Belarus.  Source: admin.ch The commentary Switzerland is thus adopting the additional...

The case The UN Sanctions Committee has amended the list of sanctioned individuals, companies and organisations. The sanctions database has been updated accordingly. Source: admin.ch The commentary On 4 March 2016, the Federal...

The case The Swiss Parliament (i.e. both the Council of States and the National Council) has relaxed the ban on legal advice, though solely for purely advisory activities; legal representation remains prohibited. Source:...

The case The European Union’s 15th package of sanctions against Russia demonstrates a continued and escalating commitment to pressuring Moscow, particularly targeting its capacity to circumvent existing measures. Source:...

The case CHF 99 million from Syria have been blocked in Switzerland. Source: Neue Zürcher Zeitung 11 December 2024, p. 9; SECO & SECO & Parlament The commentary In an article published in Neue Züricher Zeitung they state...

The case Cyprus has revoked 77 more passports granted through Golden Passport Program. Source: Schengen & Zentralplus The commentary Cyprus’ Golden Passport program of, which allowed wealthy non-EU nationals to acquire...

The case In the current offshore business with Russian clients one can make out distinctive differences between Asian and European financial centres, particularly between Singapore and Switzerland. Source: Bloomberg, tippinpoint...

The case Are the two directives on the seizing of illegal assets as well as the ones on the sanctions going to be implemented in Switzerland? Source: Federal Council(German, French, Italian) The commentary Yesterday the Federal...

The case Switzerland has adopted the 14th sanctions package of the European Union (EU). Source: SECO & Swiss Press The commentary In Switzerland, around 2,250 natural persons, companies and organizations are currently on the...

The case Yesterday, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 275 individuals and entities involved in supplying Russia with advanced technology and equipment that it desperately...