Sanctions 2026

LIECHTENSTEIN

Germany

Austria

Liechtenstein

Law and Practice Contributed by:

Switzerland

Italy

Lukas-Florian Gilhofer and Mathias Bitschnau Ospelt & Partner Attorneys at Law Ltd

Contents 1. Trends and Overview p.187 1.1 Sanctions Market p.187 1.2 Key Trends p.187 1.3 Key Industries p.188 1.4 Overview p.188 2. Overview of Regulatory Field p.189 2.1 Primary Regulators p.189 2.2 Enforcement p.190

2.3 Licensing p.193 2.4 Reporting p.194

3. Recent and Future Legal Developments p.194 3.1 Significant Court Decisions or Legal Developments p.194

3.2 Future Developments p.195 4. Delisting Challenges p.196

4.1 Process p.196 4.2 Remedies p.196 4.3 Timing p.197 5. Trade and Export Restrictions p.197 5.1 Services p.197 5.2 Goods p.197 6. Civil Litigation and Arbitration p.198

6.1 Force Majeure p.198 6.2 Enforcement p.198 7. Designation, Compliance and Circumvention p.198 7.1 Executive Body p.198 7.2 Scope of Designation p.198 7.3 Circumvention p.199

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