Switzerland Implements EU’s 21st Sanctions Package on Russia and Belarus
Switzerland adopted measures from the EU’s 21st sanctions package against Russia and Belarus, with sanctions-list changes taking effect on 4 November 2026.
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Switzerland adopted measures from the EU’s 21st sanctions package against Russia and Belarus, with sanctions-list changes taking effect on 4 November 2026.
Read developmentOFAC sanctioned 10 individuals and one entity over North Korean government-run IT worker schemes targeting U.S. businesses. Treasury said six Russia-based workers generated more than $750,000 for a DPRK-controlled entity since 2025, and explained that U.S.-linked property interests of designated persons are blocked, subject to applicable exceptions.
Read developmentThe Justice Department said its agreement with Extreme Networks is its first “near-miss” non-prosecution agreement under the 2026 corporate policy. The company agreed to pay $975,721.84 in criminal penalties over sanctions and export-control offenses involving sales to a Russian weapons manufacturer.
Read developmentICIJ and Proekt report that internal records show A7 processed at least 283 metric tons of cash rubles, worth more than $14 billion, between November 2024 and July 2025. The investigation traces cash from Moscow markets through A7 and Promsvyazbank into payment routes that often led to China.
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