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By John Revill ZURICH (Reuters) – Switzerland reported a 1.7 billion franc ($1.9 billion) fall in the value of frozen Russian assets on Tuesday compared to the end of last year, though it denied this was a sign it was doing too little to sanction Moscow over its invasion of Ukraine. The value of frozen…
(Bloomberg) — Switzerland has blocked 13 billion francs ($14.3 billion) in Russian assets held in the country, including more than 7 billion francs in reserves and assets of Russia’s central bank. In 2023, Swiss authorities froze a further 580 million francs in financial assets and two more properties, following its own investigations and detailed clarifications…
Switzerland is boosting efforts to crack down on companies circumventing sanctions imposed on Russia.
Switzerland is increasing its efforts to crack down on companies and individuals who are using the neutral country to circumvent sanctions imposed on Russia.... -February 21, 2024 at 05:01 am EST - MarketScreener