The Swiss Financial Market Supervisory Authority has published an updated sanctions notice following an amendment by the Federal Department of Economic Affairs, Education and Research to the annex of the 10 April 2024 ordinance on measures against persons and organisations supporting Hamas or the Palestinian Islamic Jihad. The amendment was made on 15 June 2026, and the Swiss sanctions database SESAM was updated and published on the same basis. The measures took effect on 16 June 2026 at 23:00. Financial intermediaries are required under the ordinance to implement the prohibitions, freeze the assets of sanctioned persons and report affected business relationships to SECO. A report to SECO does not remove a financial intermediary's obligation to carry out additional checks where there are grounds for suspicion under Article 6 GwG and, if those doubts cannot be resolved, to file a report without delay with the Money Laundering Reporting Office under Article 9 GwG.
Swiss Financial Market Supervisory Authority (FINMA)2026-06-17
Swiss Financial Market Supervisory Authority updates sanctions notice after Switzerland amends Hamas and Palestinian Islamic Jihad measures
The Swiss Financial Market Supervisory Authority issued an updated sanctions notice after Switzerland amended the annex to its ordinance targeting persons and organisations supporting Hamas or the Palestinian Islamic Jihad. The revised sanctions data was published through SESAM, with measures effective from 16 June 2026 at 23:00. Financial intermediaries must apply the prohibitions, freeze assets, report affected relationships to SECO and continue to meet their anti-money laundering reporting duties.