NEWS
05 May 2023
International sanction
2023
Updated sanction notification
The Federal Department of Economic Affairs, Education and Research FBA has amended Annex 7 to the Ordinance of 8. June 2012 on measures against Syria (SR 946.231.172.7).
On the 4th In May 2023, the Federal Department of Economic Affairs, Education and Research FBA changed the list of persons, companies and organizations sanctioned in this context. The WBF has therefore adapted the sanction database SESAM (SECO Sanctions Management) relevant for Switzerland and published the adaptation on its website. The change will take effect today at 6 p.m.
FINMA Notice
In accordance with the provisions of the regulation, financial intermediaries are required to implement the prohibitions, to block the assets of the sanctioned persons and to report the affected business relationships to SECO. Reporting to SECO does not exempt a financial intermediary from making additional clarifications in the event of suspicion in accordance with Art. 6 AMLA and, if he cannot clear them, to report them immediately to the Reporting Office for Money Laundering in accordance with Art. 9 of the Money Laundering Act.
And the SECO update:
Links:
Data files of updates – PDF, XML
Categories: Sanctions Lists SECO Updates Syrian Sanctions
Mr. Watchlist 
Leave a Reply