On 27 September 2019, the Federal Department of Economic Affairs, Education and Research WBF amended the list of persons, companies and organizations sanctioned in this context. The change is directly applicable in Switzerland. On 1 October 2019, the WBF adapted the Swiss sanctions database SESAM (SECO Sanctions Management), which is relevant for Switzerland, and published the adaptation on its website . The change will take effect on 1 October 2019 at 18.00.

Financial Intermediaries are requested to immediately block the relevant assets and to report such business relationships to SECO in accordance with the provisions of the Regulation. Notification to SECO does not release a financial intermediary from immediately reporting to the Money Laundering Reporting Office pursuant to Art. 9 of the Money Laundering Act.