Switzerland Updates Sanctions List Regarding Ukraine Situation
The Swiss Federal Department of Economic Affairs, Education and Research has published amendments to Annex 8 of the Ukraine sanctions ordinance.
The Swiss Federal Department of Economic Affairs, Education and Research (WBF) has published updates to Annex 8 of the ordinance concerning measures related to the situation in Ukraine, registered under SR 946.231.176.72.
The revisions, effective immediately following publication, modify the existing sanctions framework established by the Swiss government on March 4, 2022. Financial institutions and regulated entities operating within Switzerland are required to review the updated Annex to ensure compliance with the revised restrictive measures.
Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.
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