Updated sanctions notification
The Federal Department of Economic Affairs, Education and Research
EAER has published an amendment to Annex 2 of the Ordinance of 22 June
2005 on measures against the Democratic Republic of the Congo (SR 946.
231. 12).
On 14 January 2025, 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 enter into force on
15 January 2025 at 18:00.
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.