Federal Council clarifies its sanctions ordinances
On 25 September 2026 the Federal Council harmonised and clarified financial provisions in four sanctions ordinances that implement United Nations sanctions on the financing of terrorism and proliferation. The amendments also extend an exemption from reporting and authorisation requirements for certain transactions under the Iran Ordinance to international organisations. The changes align with earlier clarifications made for EU‑based sanctions and focus on financial measures derived from UN Security Council resolutions.
On 25 September 2026 the Federal Council harmonised and clarified financial provisions in four sanctions ordinances that implement United Nations sanctions on the financing of terrorism and proliferation. The amendments also extend an exemption from reporting and authorisation requirements for certain transactions under the Iran Ordinance to international organisations. The changes align with earlier clarifications made for EU‑based sanctions and focus on financial measures derived from UN Security Council resolutions.
Swiss AI firms must ensure compliance with the updated sanctions ordinances when engaging in international transactions.
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