AML Intelligence: Swiss Govt reports rise in frozen Russian assets to $8.38bn amid tighter sanctions enforcement — underscoring ongoing global efforts in FCC and asset tracing

The Swiss government has reported a significant increase in the value of Russian assets frozen under international sanctions. The total value of these frozen assets surged to 7.4 billion Swiss francs ($8.38 billion), up from 5.8 billion francs ($6.49 billion) a year prior. The notable 1.6 billion franc increase reflects intensified efforts to track and block illicit funds linked to Russian entities in response to global sanctions…