Switzerland – updated sanctions enforcement statistics with 5 new fines

Switzerland’s SECO has updated its Russian and Belarusian sanctions enforcement statistics. The previous update was in February 2024 (see our previous post).

The reported new data states that SECO has brought:

    • 56 administrative criminal proceedings (up from 47 in February);
    • 41 of which have been finalized (up from 29 in February);
    • including 26 discontinuation orders (up from 20 in February);
    • 14 penalty notices (up from 9 in May when these were published on this blog here, here, here and here); and
    • 1 penalty order (this is case 6 previously published on this blog here).

Accordingly, SECO has started 9 new criminal administrative proceedings since February 2024, and imposed 5 new fines since May of this year.

 

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