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Swiss add names to list to prevent bypassing of Russia sanctions

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Switzerland on Tuesday added 26 Russians and Ukrainians and 18 organisations to a list designed to prevent it being used as a conduit to circumvent Western sanctions against Russia. This latest move, which tracks the individuals and organisations on the European Union's sanctions list, raises the number of people affected to 87 and the number of organisations to 20. The measures will come into force at 1600 GMT on Tuesday. Switzerland decided in March against imposing its own sanctions in response to the Ukraine crisis and its economy minister said last weekend the cabinet had no plans to change this policy. Instead, it has taken measures to ensure it does not become a place for individuals or funds to bypass European sanctions. Those named on the list are prohibited from entering into new business relationships with financial intermediaries in Switzerland. This is aimed at preventing assets held outside of the EU being transferred to Switzerland. The new names include separatist

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