The FINMA Notice:

Updated sanction message: Nicaragua

The Federal Department of Economics, Education and Research WBF has adopted an amendment to the Annex to the Regulation of 24. June 2020 on measures against Nicaragua (SR 946.231.158.5).

On the 2nd In November 2026, the Federal Department of Economic Affairs, Education and Research WBF changed the list of persons, companies and organizations sanctioned in this context. The WBF has therefore adapted the SESAM (SECO Sanctions Management) database, which is relevant for Switzerland, and has urgently published the adjustment on its website. The changes will take effect on the 3rd. November 2026 at 11 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:

Ordinance of 24 June 2020 on measures against Nicaragua (SR 946.231.158.5), Annex – Art. 2 para. 1 (Financial sanctions) and Art. 3 para. 1 (Entry and transit ban). Origin: EU

Amended – Individuals

SSID: 400-42057
Foreign identifier: 4
Name: Néstor Moncada Lau
Sex: M
DOB: 2 Mar 1954
Justification: Personal advisor to the President of Nicaragua on national security matters until 2025. In this capacity, he has been from April 2018 onwards directly involved in and responsible for decision-making on national security matters and the establishment of repressive policies carried out by the State of Nicaragua against people taking part in demonstrations, opposition representatives and journalists in Nicaragua.
Modifications: Listed on 24 Jun 2020, amended on 3 Nov 2026

List of Changes:
– Justification: Changed from: “matters” to: “matters until 2025” (in “Personal advisor to the President of Nicaragua on national security matters”)
– Justification: Added: “from April 2018 onwards ” (in “In this capacity, he has been … directly involved”)
– Justification: Changed from: “Nicaragua from Apr 2018 onwards.” to: “Nicaragua.”

The update files – PDF, XML

The consolidated program list