From the FINMA Notice (courtesy of Apple’s translation service built into Safari):
Updated sanction report: Russia
The Federal Department of Economic Affairs, Education and Research WBF has amended the ordinance of 4. March 2022 on measures in connection with the situation in Ukraine (SR 946.231.176.72).
On 29.01.2026, the Federal Department of Economic Affairs, Education and Research WBF amended Annex 28 of the Regulation. The price cap for Russian crude oil was lowered from USD 47.6 to USD 44.1. The new price ceiling comes into force on 01.02.2026.
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.
It did a nice job – I’ll use that for future FINMA notices, I think.