Swiss cracking down on attempts to evade Russian sanctions

FILE PHOTO: The Swiss flag is seen on the Swiss Parliament house (Bundeshaus) in Bern, Switzerland, June 15, 2023. REUTERS/Denis Balibouse/File Photo

ZURICH (Reuters) - Switzerland is increasing its efforts to crack down on companies and individuals who are using the neutral country to circumvent sanctions imposed on Russia.

The State Secretariat for Economic Affairs (SECO) has set up a specialist team to investigate and enforce sanctions which Bern imposed following Moscow's invasion of Ukraine two years ago.