On 20 August 2026 FINMA published a short notice reminding supervised financial intermediaries that the Federal Council had, the day before, adopted the further measures of the European Union’s 20th Russia sanctions package. The FINMA Russia sanctions notice points to a decision taken on 19 August 2026, with the new Swiss measures entering into force…
On 19 August 2026 FINMA flagged an update to the ISIL (Da’esh) and Al-Qaida sanctions notification tied to Ordinance SR 946.231.08. The trigger sits one step upstream: the UN Security Council’s ISIL (Da’esh) and Al-Qaida Sanctions Committee amended its list by decision of 14 August 2026, and the State Secretariat for Economic Affairs (SECO) adjusted…
FINMA’s updated Iran sanctions notification of 18 August 2026 marks a precise moment on the clock. At 23:00 that evening, an amendment to Annexes 12, 13 and 14 of the Ordinance of 12 December 2025 on measures against the Islamic Republic of Iran (SR 946.231.143.6) took effect. The Federal Department of Economic Affairs, Education and…
On 12 August 2026, FINMA published two sanctions notifications on the same day: one on Switzerland’s Ukraine ordinance (SR 946.231.176.72) and one on its Moldova ordinance (SR 946.231.156.5). Both notices concern EAER amendments made on 10 August 2026. SECO and Fedlex state that the measures entered into force at 23:00 on 11 August 2026. The…
FINMA published two updated sanctions notifications on 11 August 2026, one for Sudan and one for South Sudan, after the Federal Department of Economic Affairs, Education and Research (EAER/WBF) amended Annex 2 of each ordinance. For a Swiss supervised institution, the FINMA notifications are an operational alert that the relevant Annex 2 lists changed. The…
On 31 July 2026, SECO adjusted SESAM, the sanctions database that Swiss financial intermediaries screen against, to reflect a 30 July 2026 decision by the responsible UN Sanctions Committee that amended the list attached to the Taliban sanctions ordinance (SR 946.231.07). FINMA flagged the change in a supervisory notice on 4 August 2026. For a…
On 17 July 2026 the Council of the European Union adopted Council Implementing Regulation (EU) 2026/1779, which amends Annex I to Regulation (EU) No 269/2014 and adds six new designations to the EU list of persons and entities subject to an asset freeze over the situation in Ukraine. The measure entered into force on the…
Luxembourg credit institutions had their first deadline on 9 January 2025. They had to be reachable for instant credit transfers in euro by that date. Their second deadline, sending instant payments, hit on 9 October 2025. For Luxembourg banks that were already live on SCT Inst voluntarily, the regulation mostly formalized existing practice and added…