Translated FINMA Notice:
Updated sanction notification
The Federal Department of Economic Affairs, Education and Research (WBF) has adopted the Annex to the Ordinance of 10. April 2024 on measures against persons and organizations that support Hamas or the Palestinian Islamic Jihad (SR 946.231.09).
On the 18th Since February 2026, the Federal Department of Economic Affairs, Education and Research (WBF) amended the annex and today updated the sanctions database SESAM (SECO Sanctions Management), which is relevant for Switzerland, and published this update on its website. The new regulation comes into force on 18. February 2026, at 11:00 p.m.
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 business relationships concerned to SECO. The report to SECO does not relieve a financial intermediary from making additional clarifications in the event of suspicion in accordance with Art. 6 GwG and, if he cannot clear them, to report it immediately to the notification office for money laundering in accordance with Art. 9 GwG.
The update:
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