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Updated sanctions report: Osama bin Laden / "Al-Qaeda"/ Taliban

The Federal Department of Economic Affairs, Education and Research EAER has published an amendment to Annex 2 of the Ordinance of 2 October 2000 on measures to be taken against persons and organisations with links to Usama bin Laden, the group "Al-Qaeda" or the Taliban (SR 946. 203).

By decision of 2 December 2024, the responsible UN Sanctions Committee amended the list of persons, companies and organisations sanctioned in this context. The amendment is directly applicable in Switzerland. On 4 December 2024, SECO therefore amended the SESAM (SECO Sanctions Management) sanctions database, which is relevant for Switzerland, and published the amendment on its website.

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.

Disclaimer: RegRadar is not endorsed nor affiliated with the source authority. This material does not constitute any advice. This material is machine translated and does not constitute an official translation by the source authority. Please note that the information can be obtained free of charge through the source website.