Ukraine Sanctions Measures Ordinance Update
Summary
On February 26, 2026, the Swiss Federal Department of Economic Affairs (EAER) updated its interpretative aid for sanctions measures related to the situation in Ukraine. The modifications are visible in track changes mode within the updated document.
What changed
The Swiss Federal Department of Economic Affairs (EAER) has updated its interpretative aid concerning sanctions measures imposed due to the situation in Ukraine. The update, published on February 26, 2026, modifies the existing guidance, with changes highlighted in track changes mode. This update signifies a refinement or clarification of existing sanctions obligations.
Regulated entities, particularly those involved in international trade, finance, and the movement of goods, must review the updated interpretative aid to ensure continued compliance with Swiss sanctions regulations. Failure to adhere to these measures can result in significant penalties. Entities should pay close attention to the specific modifications to understand any new or altered compliance requirements.
What to do next
- Review the updated "Interpretative aid for sanction measures" document.
- Ensure all import/export and financial transactions comply with the latest sanctions guidance.
- Consult legal counsel if any modifications create ambiguity regarding compliance obligations.
Penalties
Penalties for non-compliance with sanctions measures may apply.
Source document (simplified)
Third party communication Published on 26 February 2026
Sanctions: Ordinance imposing Measures connected with the Situation in Ukraine
Bern, 26.02.2026 — On 26 February 2026, the Federal Department of Economic Affairs (EAER) has updated the document “Interpretative aid for sanction measures”. The modifications are visible in track changes mode.
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