UN Lifts the Iraq Listing on Swiss Firm Logarcheo as Australia Renews Two Terrorism Listings
On 5 October 2026 the UN Security Council committee established under resolution 1518 (2003) removed LOGARCHEO S.A., a company in Le Paquier-Montbarry, Switzerland, formerly known as LOGARCHEO AG, from its list of funds and entities tied to the former Iraqi regime. The entry had been listed since April 2004, and the committee gave no reason. The UN consolidated list reflected the removal on 7 October. The UN asset freeze no longer applies, but the company remains on the US Treasury's SDN List under the Iraq programme and on the European Union's consolidated list, so screening against those lists must continue. Australia's consolidated list now records two more of its 3 October counter-terrorism relistings, for Mostafa Mahamed and Ahmed Sadu Jahleb, whose asset freezes continue. In London, the Office of Financial Sanctions Implementation amended the Maritime Mutual Re-Insurance Wind Down General Licence under the Russia regime, allowing UK payment firms to process qualifying overseas wind-down payments and extending it to 6 October 2027.
This issue
- New designations
- 0
- Removals
- 1
- Entries amended
- 2
- Sources monitored
- 97
A UN Delisting That Leaves the US and EU Freezes in Place
On 5 October 2026 the Security Council committee established under resolution 1518 (2003) removed LOGARCHEO S.A. (IQe.200), formerly LOGARCHEO AG, of Chemin du Carmel, Le Paquier-Montbarry, Switzerland, from its list of funds and entities tied to the former Iraqi regime. The entry had been on the list since 26 April 2004. The committee's press release, SC/16468, gives no reason, which is usual for this list. The UN consolidated list carried the entry until its 7 October file. The UN asset freeze no longer applies, but the same company is still on OFAC's SDN List under the Iraq programme (entry 8214) and on the EU list (EU.1123.54).
Australia's consolidated list, refreshed after Tuesday's capture, completes the counter-terrorism relistings made on 3 October under the Amendment (No. 4) Instrument 2026. Two more records now carry that date. Mostafa Mahamed, an Egyptian-born Australian citizen recorded in Syria and first listed in 2015, shows a new control date. Ahmed Sadu Jahleb, an Egyptian national recorded in Türkiye and first listed in 2023, has a new instrument, control date and relisting note. The 5 October edition reported sixteen relistings from the same instrument. Both men's asset freezes in Australia continue.
Party detail
Every row below was read against the issuing authority's own notice, not against a press report. Aliases are reproduced in full, including non Latin script forms, because the alias field is where a screening run usually fails. Identifiers are published sanctions data.
| Party | Action and instrument | Identifiers | Grounds |
|---|---|---|---|
| LOGARCHEO S.A. | RemovalUN Security Council resolution 1483 (2003), paragraph 23 (freezing of funds of the former Iraqi Government and of senior officials of the former regime); list maintained by the 1518 Committee | Identifier: Federal No.: CH-2 17-0-431-423-3 (Switzerland)Address: Chemin du Carmel, 1661 Le Paquier-Montbarry, Switzerland | Removed from the 1518 Committee's Sanctions List on 5 October 2026 (UN press release SC/16468); the UN consolidated list reflects the removal from its 7 October 2026 file. The Committee gives no reason for the removal. The entry had been listed on 26 April 2004. It is still designated by OFAC (SDN entry 8214, [IRAQ2]) and listed by the EU (EU.1123.54, Iraq, Regulation 785/2006). |
| Mostafa MAHAMED | AmendmentCharter of the United Nations Act 1945, section 15 (UNSC resolution 1373 (2001)); Charter of the United Nations (Listed Persons and Entities) Amendment (No. 4) Instrument 2026 | Date of birth: 14 Feb 1984Place of birth: Port Said, EgyptNationality: Australia; EgyptIdentifier: Australian Passport No. M1898709 (revoked 12 October 2012)Identifier: New South Wales Drivers Licence No. 13652517 (expired 19 April 2014)Address: Syria | Relisted by the Australian Minister for Foreign Affairs on 3 October 2026 under section 15(1) of the Charter of the United Nations Act 1945, giving effect to UNSC resolution 1373 (2001), by the Amendment (No. 4) Instrument 2026. First listed on 20 August 2015, continued in 2018 and 2020 and listed again on 11 October 2023. DFAT's consolidated list now dates the record to 3 October 2026; this relisting was not in the 16 renewals reported on 5 October. No other field changed. |
| Ahmed Sadu JAHLEB | AmendmentCharter of the United Nations Act 1945, section 15 (UNSC resolution 1373 (2001)); Charter of the United Nations (Listed Persons and Entities) Amendment (No. 4) Instrument 2026 | Date of birth: 23 Dec 1976Nationality: EgyptPassport: P00018023 (Egypt)Address: Türkiye | Relisted by the Australian Minister for Foreign Affairs on 3 October 2026 under section 15(1) of the Charter of the United Nations Act 1945, giving effect to UNSC resolution 1373 (2001), by the Amendment (No. 4) Instrument 2026. First listed on 18 November 2023. On 5 October DFAT's file still showed the 2023 instrument for this entry; the 7 October file records the relisting. He is also designated by OFAC (SDN entry 45670, [SDGT], linked to HAMAS). |
What this means for your organisation
- 01
Close the UN obligation on Logarcheo S.A., not the others: Release the match for UN-based screening only; keep the OFAC [IRAQ2] block and the EU freeze (EU.1123.54) on LOGARCHEO S.A. and its former name LOGARCHEO AG, and screen the Swiss federal number CH-2 17-0-431-423-3.
- 02
Expect echo removals and record them as such: Lists that copy the UN, including the UK (IRQ0053), Australia and South Africa, have already removed the entry; log those as following the UN action, not as new decisions.
- 03
Update the two Australian records: Set the control date to 3 October 2026 for Mostafa Mahamed (3093) and Ahmed Sadu Jahleb (7785), and replace Jahleb's instrument with the Amendment (No. 4) Instrument 2026; keep both freezes and all aliases.
- 04
Check payments under the Maritime Mutual licence: UK payment firms may now process qualifying overseas wind-down payments until 6 October 2027; confirm each one meets the licence terms and keep records for six years.
Where this issue came from
The map plots the sources Youverify monitors. The pulsing markers are the three authorities cited in this issue: UN-SC, DFAT and UK-OFSI. Hover any marker to name the sources read there.
Method statement
The UN removal is read from press release SC/16468 and confirmed by comparing the UN consolidated list of 7 October with the file read on 6 October. The Australian changes come from a row-by-row comparison of DFAT's consolidated list of 7 October with the 6 October file, with old and new values quoted as published. Each party was checked by name against the OFAC, UK, EU and UN lists.
Corrections
No corrections issued for this issue. Corrections are published on the issue they affect, dated, with the original text retained.Cite this issue
Vyra from Youverify. "UN Lifts the Iraq Listing on Swiss Firm Logarcheo as Australia Renews Two Terrorism Listings." Youverify Sanctions Monitor, issue 141, 7 October 2026. https://youverify.co/en/sanctions/2026-10-07. Accessed 7 October 2026.