The Swiss Financial Market Supervisory Authority (FINMA) drew attention to amendments published by the Federal Department of Economic Affairs, Education and Research to Switzerland’s Ordinance on Measures in Connection with the Situation in Ukraine, updating Annexes 8, 14, 15b and 33 with effect from 12 January 2026 at 23:00. FINMA reminded financial intermediaries to implement the prohibitions set out in the ordinance, freeze the assets of sanctioned persons, and report affected business relationships to the State Secretariat for Economic Affairs (SECO). It also stressed that reporting to SECO does not remove the duty to carry out additional clarifications where there are indications of money laundering under Article 6 of the Anti-Money Laundering Act, and to file a report without delay to the Money Laundering Reporting Office under Article 9 if suspicion cannot be dispelled.
Swiss Financial Market Supervisory Authority (FINMA) 2026-01-12
Swiss Financial Market Supervisory Authority relays urgent updates to the Ukraine measures ordinance and reiterates freezing and reporting duties
The Swiss Financial Market Supervisory Authority (FINMA) highlighted amendments to Switzerland’s Ordinance on Measures in Connection with the Situation in Ukraine, effective 12 January 2026, and reminded financial intermediaries to implement prohibitions, freeze assets of sanctioned persons, and report to the State Secretariat for Economic Affairs (SECO), while also fulfilling obligations under the Anti-Money Laundering Act.