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SECO updates 1 listing under Ukraine-related sanctions – and adds Iranian parties to them

NEWS

08 December 2022 

International sanction 

2022

Updated sanction notification

The Federal Department of Economic Affairs, Education and Research EAER has amended the ordinance of 4. March 2022 on measures related to the situation in Ukraine (RS 946.231.176.72).

On the 7th In December 2022, the Federal Department of Economic Affairs, Education and Research EAER amended Annexes 7, 8, 18 and 28 to the Regulation and published the adaptations on its website. The changes will take effect on the 8th. December 2022 at 6 p.m.


In accordance with the provisions of the regulation, financial intermediaries are required 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 dispel it, to immediately report it to the reporting office for money laundering in accordance with Art. 9 of the Anti-Money Laundering Act.

FINMA Press Release

Links:

FINMA Notice

Data files of updates – PDF, XML

Categories: Iranian Sanctions Russia sanctions SECO Updates

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