Updated sanctions notification: Islamic Republic of Iran
The Federal Department of Economic Affairs, Education and Research
EAER has published an amendment to Annex 6a of the Ordinance of 11
November 2015 on measures against the Islamic Republic of Iran (SR
946. 231. 143. 6).
On 6 November 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 adapted the SESAM (SECO Sanctions Management) sanctions
database, which is relevant for Switzerland, and published the
adjustment on its website. The amendment came into force on 7
November.
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.