Swiss Banking Reform Fight: Three years after Credit Suisse’s collapse, Switzerland is pushing FINMA reforms that would let it fine banks and publicly name violators—though resistance is already building in parliament, with lawmakers debating how far federal banking oversight should go. EU Climate Policy & Liechtenstein Link: The European Commission is set to unveil the biggest overhaul of the EU Emissions Trading System (EU ETS), including longer free permit support and slower tightening of emission limits; the EU ETS also applies to Liechtenstein and is linked to Switzerland’s system. Trade Pressure in Europe’s Orbit: New Zealand’s Trade Minister Todd McClay says higher US tariffs are “not unexpected,” while FIT talks in Auckland focus on reducing barriers for small and medium economies—explicitly including Liechtenstein among the partnership members. US–Liechtenstein Diplomatic Thread: US diplomat Yuriy R. Fedkiw has taken charge as Consul General in Mumbai, previously serving in Bern overseeing relations with Switzerland and the Principality of Liechtenstein. US Travel Curbs on “Far-Left”: The US State Department announced a new ban on “far-left” nationals, framed as part of a broader Trump-era push to criminalize leftist ideology. Russia E-Visa Update: Russia published the full 2026 unified e-visa eligible-country list and rules for applying.