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Aktualisierte Sanktionsmeldung: Islamischen Republik Iran

AI Analysis

Executive Summary

On August 18, 2025, the Swiss State Secretariat for Economic Affairs (WBF) published an updated sanctions notification regarding Iran, specifically modifying Annex 7 of the Ordinance on Measures against the Islamic Republic of Iran (SR 946.231.143.6). This update is critical for Swiss financial institutions and businesses because it reflects the evolving sanctions landscape following the automatic reinstatement of UN Security Council resolutions on Iran's nuclear program in September 2025.

What Changed

The August 2025 notification updated the list of designated persons, entities, and organizations subject to Swiss sanctions against Iran. While the search results do not provide the specific details of individual entries added or removed from Annex 7, this type of notification typically reflects changes to the UN Security Council's consolidated sanctions list that Switzerland is obligated to implement under its Embargo Act (EmbG). The broader context shows that Switzerland was preparing for significant sanctions escalation: on December 12, 2025, the Swiss Federal Council conducted a total revision of Iran sanctions regulations, reverting to the sanctions regime that existed before the 2015 Vienna Agreement on Iran's nuclear program. This December revision incorporated the UN Security Coun

What You Need To Do

  • *Immediate compliance obligations
  • *Sanctions List Screening
  • *Transaction Review
  • *Account Monitoring
  • *Policy Updates
  • *Staff Training

Key Dates

August 18, 2025 - WBF published updated sanctions notification for Iran (Annex 7 modifications)
August 28, 2025 - Germany, France, and UK triggered UN snapback mechanism
September 15, 2025 - Harmonization of sanctions ordinances entered into force (affecting financial sanctions procedures across multiple jurisdictions including Iran)
September 27, 2025 - UN nuclear-related sanctions against Iran automatically reinstated
September 28, 2025 - EU reactivated suspended sanctions related to Iran's proliferation activities
October 20, 2025 - WBF incorporated updated UN Security Council listings

Compliance Impact

Urgency: CRITICAL

Who is Affected

*Primary stakeholders:Swiss banks and financial institutions handling cross-border transactionsInvestment managers and wealth managers with Iranian counterparties or assetsTrading firms and commodity brokersInsurance companies with Iranian exposurePayment service providersAny Swiss company engaged in trade with Iran*Secondary stakeholders:

Summary

Das Eidgenössische Departement für Wirtschaft, Bildung und Forschung WBF hat eine Änderung des Anhangs 7 der Verordnung vom 11. November 2015 über Massnahmen gegenüber der Islamischen Republik Iran (SR 946.231.143.6) publiziert.

Relevant Firm Types

BankAsset ManagerPayment ProviderAll Firms
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