Updated sanctions report: Ukraine
The Federal Department of Economic Affairs, Education and Research
EAER has published an amendment to Annexes 2 and 8 of the Ordinance of
4 March 2022 on Measures in Connection with the Situation in Ukraine
(SR 946. 231. 176. 72).
On 12 December 2024, the Federal
Department of Economic Affairs, Education and Research EAER amended
Annexes 2 and 8 of the Ordinance and published the amendments on its
website. The changes will come into force on 13 December 2024 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.