Federal Council’s sanctions: The application is guaranteed by SECO. These sanctions are directed against countries, organizations or individuals and entail a duty of announcement to the SECO and a requirement of permanent blocking of assets. The sanction lists are valid regardless of the LRD duties. Read more…

FAFT/GAFI’s sanctions: The FAFT / GAFI manages a blacklist of countries, which in the fight against money laundering are defined as “non-cooperative”. Transactions and business relationships related to these countries are subject to special clarifications / additional verifications. Read more…

Search for terrorism-related assets: The so-called Bush lists contain the names of various organizations and people, who are suspected of being linked to organized crime and terrorist financing. Read more…

For the identification of politically exposed persons (PEP), a CIA list was added with a list of the names of government representatives and members of the regime.

With the recommendation of FINMA of 26 May 2015, financial intermediaries are invited to take account of UN Security Council Resolution 2199, in addition to ensuring that no money flows from and to the territories of the “Islamic State” occur in favor of or from people or organizations the connection with ISIS. In national law, a follow-up to Resolution 2199 has not yet been given.