NEWS
05 October 2022
International sanction
2022
Updated sanction notification
The State Secretariat for Economic Affairs (SECO) has amended the Annex to the Ordinance of 5. December 2014 on measures against Yemen (RS 946.231.179.8).
By decision of the 4th In October 2022, the responsible UN Sanctions Committee amended the list of persons, companies and organizations sanctioned in this context. The change is directly applicable in Switzerland. SECO therefore on the 5th. October 2022 adapted the sanctions database SESAM (SECO Sanctions Management) that is relevant for Switzerland and published the adaptation on its website.
In accordance with the provisions of the regulation, financial intermediaries are invited to implement the prohibitions, block the assets of the sanctioned persons and report the business relationships concerned to SECO. The notification to SECO does not exempt a financial intermediary from providing additional clarifications in accordance with Art. 6 AMLA and if he cannot eliminate it, to report immediately to the Money Laundering Reporting Office in accordance with Art. 9 of the Money Laundering Act.
FINMA Notice
And the notice from SECO:
Links:
Data files of updates – PDF, XML
Categories: Sanctions Lists SECO Updates Yemen sanctions
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