SECO updates Swiss Sudan sanctions list after UN designations
Swiss financial intermediaries must freeze Sudan-listed assets and report affected relationships
Change
On 29 April 2026, SECO updated Switzerland’s SESAM sanctions database after the UN Sudan Sanctions Committee amended its list of sanctioned persons, companies and organisations.
Why it matters
The UN Sudan sanctions update is directly applicable in Switzerland, so Swiss financial intermediaries must implement the prohibitions, freeze assets of sanctioned parties and report affected business relationships to SECO. Reporting to SECO does not close the AML workflow: intermediaries must still conduct additional enquiries under Art. 6 GwG where suspicion exists and file with MROS under Art. 9 GwG if suspicion cannot be cleared.
Implications
- — Swiss financial intermediaries must screen customers and business relationships against the updated Sudan sanctions entries in SESAM — failure may leave newly designated persons, companies or organisations outside freeze controls.
- — Swiss financial intermediaries holding assets of sanctioned parties must freeze those assets and report affected business relationships to SECO — failure would leave the directly applicable UN sanctions update unimplemented in Switzerland.
- — AML and sanctions compliance teams must continue Art. 6 GwG enquiries after notifying SECO and file with MROS under Art. 9 GwG if suspicion remains — failure may leave suspicious-activity obligations unresolved.
Who is affected
- — Swiss financial intermediaries
- — AML and sanctions compliance teams at Swiss financial intermediaries
- — Institutions using the SESAM sanctions database for screening
What to watch
- — Further SESAM updates following UN Sudan Sanctions Committee changes.
- — MROS reporting triggers where Art. 6 GwG enquiries do not clear suspicion after a SECO notification.