Russia’s ambassador to Switzerland, Sergey Garmonin, has accused Swiss banks of applying Russian sanctions in an overly broad and arbitrary manner. In an interview with Sputnik, Garmonin stated that Russian citizens are experiencing difficulties with their accounts due to these interpretations. The ambassador did not specify the nature of the “arbitrary actions” but indicated they stem from the banks’ expansive reading of the sanctions imposed following the conflict in Ukraine. This is creating challenges for Russians with legitimate financial holdings in Switzerland. The Russian government has previously expressed concern over the impact of Western sanctions on its citizens’ assets held abroad. Garmonin’s comments highlight ongoing tensions regarding the implementation and scope of sanctions against Russia. Further details regarding specific cases or bank policies were not provided in the report.