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Tracking the proceeds of the crime denounced by Sergei Magnitsky and holding its perpetrators accountable

Amendment No. 2 | Doc. 16362 | 22 April 2026

Signatories:
Mr Ivan RAČAN, Croatia, SOC ; Mr Constantinos EFSTATHIOU, Cyprus, SOC ; Ms Kristina IKIĆ BANIČEK, Croatia, SOC ; Ms Agnes Sirkka PRAMMER, Austria, SOC ; Ms Kadri TALI, Estonia, ALDE
Origin
2026 - Second part-session
In the draft resolution, at the end of paragraph 11, insert the following words:

"The Assembly notes that the Swiss Federal Supreme Court described its ruling as a "landmark judgment". Under Swiss law, the invalidation of the proportional method must apply equally to all three account holders, regardless of the amount involved."

Explanatory note

The landmark ruling invalidated the proportional method for the entire case, yet the decision directly targeted Katsyv. Swiss law requires equal treatment. Stepanov’s and Klyuev’s orders, using the same unconstitutional method, have not been recalculated.