Switzerland updates sanctions annexes targeting Iran
The Swiss Federal Department for Economic Affairs, Education and Research amended annexes 3, 12, 13 and 14 of the Dec 12 2025 sanctions regulation on Iran.

Bern – The Swiss Federal Department for Economic Affairs, Education and Research (WBF) issued an amendment to annexes 3, 12, 13 and 14 of the ordinance dated 12 December 2025 that governs measures against the Islamic Republic of Iran (SR 946.231.143.6). The change updates the scope and details of the sanctions framework, reflecting the latest policy decisions of the Swiss authorities.
The amendment was published on the Swiss Financial Market Authority’s website and forms part of the ongoing effort to align Switzerland’s sanctions regime with international obligations and evolving geopolitical considerations.
No further specifics on the content of the annexes were disclosed in the announcement.


Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.
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