Newsletter 117 from February 1, 2010 International Sanction

Newsletter 117 - Amendment to theAppendix to the Ordinance on Sanctions against Al-Qaeda and the Taliban - The Federal Department of Economic Affairs amended Appendix 2 to the Ordinance on Sanctions against Persons and Organisations with Connections to Osama Bin Laden, the “Al-Qaeda” group or the Taliban (SR 946.203) on 27 January 2010. The names of three persons were added. One entry was deleted. One existing entry was also updated. This amendment relates to corresponding UNO resolutions and came into force on 28 January 2010. The Appendix to the Ordinance is available for consultation on the State Secretariat for Economic Affairs website (SECO). Financial intermediaries are requested to report relevant business relationships to the State Secretariat for Economic Affairs (SECO) in accordance with the provisions of the Ordinance and to freeze the associated assets. Reporting to SECO does not release the financial intermediary from its obligation to immediately report to the Reporting Center for Money Laundering in accordance with Article 9 of the Money Laundering Act.