Swiss Sanctions Updates for Ukraine Annex 8 Amendments
Summary
SECO amended annex 8 to the Ordinance on Measures Relating to the Ukraine Situation, adding 9 individuals and modifying entries for 132 individuals and 77 organizations. The amendments took effect at 11 pm on April 1, 2026, updating Swiss sanctions in coordination with international measures.
What changed
The Federal Department of Economic Affairs EAER amended annex 8 to the Swiss ordinance on Ukraine-related sanctions measures. Nine new individuals were added to the annex while entries for 132 individuals and 77 organizations were modified. These changes align Swiss sanctions with international measures targeting the Ukraine situation.
Compliance teams must immediately review the updated annex 8 to identify any newly listed parties, verify existing customers and counterparties are not affected by modifications, and update sanctions screening systems with the new entries. Financial institutions and importers/exporters should re-screen all relevant transactions and relationships against the revised list.
What to do next
- Review updated annex 8 for newly added individuals and organizations
- Re-screen existing customers, counterparties, and transactions against modified entries
- Update sanctions screening systems with the 9 new additions and 132 modified entries
Source document (simplified)
Third party communication Published on 1 April 2026
SECO: Ordinance on Measures Relating to the Situation in Ukraine
Bern, 01.04.2026 — On 31.03.2026 the Federal Department of Economic Affairs EAER has amended annex 8 to the ordinance. In this process, 9 individuals were added to the annex and the entries of 132 individuals and 77 organizations were modified. The measures come into force at 11 pm on 1.04.2026.
Massnahmen im Zusammenhang mit der Situation in der Ukraine
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