SECURITIES AND EXCHANGE COMMISSION OFFICE

ESG / Sustainability

Vietnam Launches Environmental and Social Risk Handbook for Banks

By Editors | 28/05/2025

The handbook provides practical guidance to banks for building and operating effective systems for managing environmental and social risk.

Sanctions

Switzerland Adopts More Measures from EU’s 14th Russia Package

By Editors | 21/10/2024

Switzerland will not adopt the EU text that requires companies to prevent circumvention via their subsidiaries “to the best of their ability”.

Enforcement

Switzerland Has Pursued 56 Cases Involving Russia Sanctions Violations

By Editors | 19/07/2024

Out of 56 administrative penal proceedings, 26 were dropped, 15 resulted in penalties, and the others remain under investigation.

Sanctions

Switzerland Opens First Russia Sanctions-related Criminal Probe

By Editors | 13/03/2024

The company being probed is understood to be a commodity trading firm that used a UAE subsidiary to circumvent Swiss sanctions against Russia.

Sanctions

Swiss Commodity Firms Under Probe for Russia Sanctions Breaches

By Editors | 15/02/2024

Two commodity trading firms were referred to prosecutors for allegedly using Middle East subsidiaries to circumvent Swiss sanctions against Russia.

Sanctions

G7 Says Switzerland Is Not Doing Enough to Combat Sanctions Evasion

By Editors | 17/04/2023

Switzerland, though officially neutral, has frozen Russian assets worth about a third of the EUR 21.5 billion frozen across the EU.

AML / KYC

Singapore, Korea, Switzerland Announce Sanctions Against Russia

By Manesh Samtani | 01/03/2022

Singapore will block certain Russian banks and financial transactions connected to Russia. Major Singapore banks are already restricting trade financing for Russian commodities.