Updated sanctions notification: Belarus
The Federal Department of Economic Affairs, Education and Research
EAER has published an amendment to Annex 13 of the Ordinance on
Measures against Belarus (SR 946. 231. 116. 9).
On 20 December
2024, the Federal Department of Economic Affairs, Education and
Research EAER amended the list of persons, companies and organisations
sanctioned in this context. The EAER has therefore adapted the SESAM
(SECO Sanctions Management) sanctions database, which is relevant for
Switzerland, and published the amendment on its website. The amendment
will come into force on 24 December 2024.
In accordance with
the provisions of the Ordinance, financial intermediaries are required
to implement the prohibitions, freeze the assets of the sanctioned
persons and report the affected business relationships to SECO.
Reporting to SECO does not release a financial intermediary from
carrying out additional investigations in accordance with Art. 6 AMLA
in the event of suspicions and, if it is unable to dispel them, from
immediately submitting a report to the Money Laundering Reporting
Office in accordance with Art. 9 AMLA.