The Federal Department of Economic Affairs, Education and Research (EAER) has updated the list of sanctioned entities under the ordinance governing measures against the Islamic Republic of Iran, with changes entering into force on August 18 at 23:00 CET.
The amendment, published on August 17, modifies Annexes 12, 13 and 14 of the ordinance SR 946.231.143.6, which was issued on December 12, 2025. Financial intermediaries are required to implement the prohibitions, freeze assets of listed persons and organizations, and submit reports on affected business relationships to the State Secretariat for Economic Affairs (SECO).
The notice emphasizes that reporting to SECO does not absolve institutions of their obligations under Article 6 of the Anti-Money Laundering Act (GwG). If suspicions of sanctions violations or money laundering remain unresolved, firms must file an immediate report with the Reporting Office for Money Laundering under Article 9 of the GwG.
