ZURICH (Reuters) - Russian banks will require approval to issue long-term financial instruments in Switzerland, the government said on Wednesday, as it detailed measures to ensure it does not become a place for individuals or funds to avoid European sanctions on Moscow.
Switzerland, which is outside the European Union but is linked by agreements governing trade and other measures, decided in March not to join the EU's sanctions over the Ukraine crisis but has been keen not to be used as a route to circumvent them.
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