The FINMA Notice:
Updated sanction notice: Myanmar
The Federal Department of Economics, Education and Research WBF has adopted an amendment to Annex 1 of the Ordinance of 17. October 2018 on measures against Myanmar (SR 946.231.157.5).
On the 1st On 1 June 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 sanctions database SESAM (SECO Sanctions Management), which is relevant for Switzerland, and updated the amendment on its website on 2. June 2026. The change comes into effect today, 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:
And the updated program list.