Aktualisierte Sanktionsmeldung: Russland
Executive Summary
On February 23, 2026, Switzerland's State Secretariat for Economic Affairs (SECO) updated Annex 8 of the Ukraine Sanctions Ordinance (SR 946.231.176.72), with changes taking effect on February 24, 2026 at 11:00 PM UTC. This represents the latest iteration of Switzerland's Russia sanctions regime, requiring financial intermediaries to immediately implement new prohibitions, freeze assets of designated persons, and report affected business relationships to SECO—with mandatory additional due diligence under anti-money laundering law if suspicions cannot be resolved.
What Changed
The February 2026 update to Annex 8 of the Ukraine Sanctions Ordinance introduces modifications to Switzerland's designated persons and entities list related to Russia sanctions. While the specific additions are not detailed in the available materials, this follows the pattern established by the December 12, 2025 expansion, which added: - 22 natural persons and 42 companies/organizations subject to asset freezes and supply prohibitions - 116 vessels (primarily tankers in Russia's shadow fleet circumventing oil price caps) subject to purchase, sale, and service prohibitions - 45 companies in third countries subject to stricter export controls targeting critical goods for Russia's military-industrial complex - 5 Russian banks and 4 foreign branches subject to transaction prohibitions due to
What You Need To Do
- *Implement all prohibitions specified in updated Annex 8 across all business lines and customer relationships
- *Freeze assets of all newly designated natural persons and entities; block transactions with designated entities
- *Report to SECO all affected business relationships within required timeframes, documenting:
- Customer identification and beneficial ownership
- Transaction history with designated parties
- Asset locations and amounts frozen
Key Dates
Compliance Impact
Urgency: CRITICAL
Who is Affected
Summary
Das Eidgenössische Departement für Wirtschaft, Bildung und Forschung WBF hat Änderungen des Anhangs 8 der Verordnung vom 4. März 2022 über Massnahmen im Zusammenhang mit der Situation in der Ukraine (SR 946.231.176.72) publiziert.