{"id":1024,"date":"2025-09-18T23:43:57","date_gmt":"2025-09-19T03:43:57","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/?p=1024"},"modified":"2025-09-18T23:43:59","modified_gmt":"2025-09-19T03:43:59","slug":"switzerland-raids-on-gold-trading-company-re-russian-sanctions-breaches","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2025\/09\/18\/switzerland-raids-on-gold-trading-company-re-russian-sanctions-breaches\/","title":{"rendered":"Switzerland &#8211; raids on gold trading company re Russian sanctions breaches"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On 12 September 2025 <a href=\"https:\/\/discoveryalert.com.au\/news\/swiss-investigation-sanctions-russian-gold-2025\/\">Switzerland&#8217;s SECO conducted raids<\/a> on the Zug offices of Open Mineral AG.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This was part of an investigation into suspected breaches of Switzerland&#8217;s sanctions against gold trading from 2022, and specifically purchases of Russian gold done through a UAE subsidiary.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company has stated that its trades were done in accordance with applicable laws and that it is cooperating with the authorities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 12 September 2025 Switzerland&#8217;s SECO conducted raids on the Zug offices of Open Mineral AG. This was part of an investigation into suspected breaches of Switzerland&#8217;s sanctions against gold trading from 2022, and specifically purchases of Russian gold done through a UAE subsidiary. The company has stated that its trades were done in accordance &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2025\/09\/18\/switzerland-raids-on-gold-trading-company-re-russian-sanctions-breaches\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Switzerland &#8211; raids on gold trading company re Russian sanctions breaches&#8221;<\/span><\/a><\/p>\n","protected":false},"author":656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95,2],"tags":[18,38,34],"ppma_author":[7],"class_list":["post-1024","post","type-post","status-publish","format-standard","hentry","category-95","category-general","tag-russia","tag-switzerland","tag-trade-sanctions"],"authors":[{"term_id":7,"user_id":656,"is_guest":0,"slug":"mhandley","display_name":"Mark Handley","avatar_url":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-content\/uploads\/sites\/65\/2023\/09\/handleymark-100x100.jpg","author_category":"","last_name":"Handley","first_name":"Mark","job_title":"","user_url":"https:\/\/www.duanemorris.com\/attorneys\/markhandley.html","description":"<a href=\"https:\/\/www.duanemorris.com\/attorneys\/markhandley.html\">Read Mark's bio.<\/a>"}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/1024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/users\/656"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/comments?post=1024"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/1024\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/media?parent=1024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/categories?post=1024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/tags?post=1024"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/ppma_author?post=1024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}