Daily · Swiss Sanctions & US Banking Shifts · August 12, 2026

Tightening sanctions regimes in Switzerland

Switzerland has updated its restrictive measures through two separate ordinances published on 2026-08-12. The WBF amended the annexes of the ordinances concerning both Moldova and Ukraine. For entities subject to these sanctions, these updates are effective immediately. Businesses operating in these jurisdictions or dealing with affected parties must implement these changes to their screening and compliance processes to avoid regulatory breaches. Our read: Swiss authorities are continuing to align their sanctions lists closely with international standards.

Proposed shifts in US community lending

The OCC and FDIC published a proposal on 2026-08-12 to amend the Community Reinvestment Act (CRA) rules. The objective is to refocus the framework on encouraging banks to meet the credit needs of their communities while ensuring that community development grants actually reach the intended recipients. Crucially, the proposal seeks to reduce the unnecessary regulatory burden on smaller community banks and provide clearer guidance on how banks can obtain CRA consideration. Banks should assess these proposed changes now, as they could reshape the requirements for community investment and the operational burden of compliance. Our read: This represents a move toward more targeted, less bureaucratic community lending oversight.

Updated reporting and fees for US markets

The SEC has introduced immediate changes to market operations published on 2026-08-12. Trading Permit Holders (TPH) face amended transaction reporting duties that must be implemented immediately to ensure regulatory compliance. In more routine administrative updates, the SEC modified incremental fee tiers for the launch of IEX Options and increased the monthly Discounted External Distribution Fee for the EDGX Top Feed from $750 to $1,250 for those in the Small Retail Broker Distribution Program. Our read: While the fee changes are minor, TPHs must prioritize the new reporting duties to avoid enforcement actions.

This overview is informational, not legal or compliance advice. Consult your lawyer or compliance specialist on specific decisions.

Sources

This overview is based on official regulator publications for the period:

CH (4)

UK (2)

US (7)