Aktualisierte Sanktionsmeldung: Russland
AI Analysis
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.
Key dates
- February 23, 2026
- – SECO publishes Annex 8 amendments on its website
- February 24, 2026, 11:00 PM UTC Deadline
- – Changes take effect; financial intermediaries must immediately implement all prohibitions
- H2 2026
- – New organizational obligations under revised Money Laundering Act (GwG) requiring sanctions violation prevention measures take effect
Suggested considerations
- *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
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 material
- 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 use of Russian payment systems
- 8 third-country companies subject to transaction prohibitions for materially undermining sanctions objectives The February 2026 update represents a continuation of this enforcement escalation, with SECO publishing changes on its website as required
Compliance impact
Urgency: CRITICAL
Who is affected
Related regulations
References
AI-generated analysis. May contain errors or omissions — verify with the original FINMA source before acting. Full disclaimer.
What the FINMA said
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.
Published by FINMA . Read the full notice at the source for the authoritative text.