Updated sanction report: Russia
The Federal Department of Economics, Education and Research WBF has amended Annex 8 of the Ordinance of 4. March 2022 on measures in connection with the situation in Ukraine (SR 946.231.176.72).
On the 23rd February 2026, the Federal Department of Economics, Education and Research WBF amended Annex 8 of the Regulation and published the adjustments on its website. The changes are on 24. February 2026 at 11:00 p.m.
In accordance with the provisions of the Regulation, financial intermediaries are required to implement the prohibitions, to block the assets of the sanctioned persons and to report the business relationships concerned to SECO. The report to SECO does not relieve a financial intermediary from making additional clarifications in the event of suspicion in accordance with Art. 6 GwG and, if he cannot clear them, to report it immediately to the notification office for money laundering in accordance with Art. 9 GwG.
The updated sanctions program list
And here’s the update:
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