Switzerland’s State Secretariat for Economic Affairs (SECO) has published an updated list of sanctioned natural persons, companies and organizations under the ordinance targeting entities linked to ISIL (Da’esh) and Al-Qaeda.
The revision, issued under Ordinance SR 946.231.08 dated March 21, 2025, reflects ongoing compliance with international counter-terrorism measures. The updated list includes changes to the roster of individuals and entities subject to asset freezes and other restrictive measures.
The ordinance implements Switzerland’s obligations under relevant UN Security Council resolutions and EU regulations aimed at disrupting the financing and operational capacity of ISIL and Al-Qaeda. SECO has not disclosed specific additions or removals in the latest update.
Swiss financial institutions and designated non-financial businesses are required to align their compliance procedures with the revised list, effective immediately. Failure to comply may result in enforcement actions under Swiss law.
