Newsletter 275 from November 15, 2013 International Sanction
Amendment to 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)
International sanctions
The Federal Department of Economic Affairs, Education and Research EAER 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 on 13 November 2013. Two natural persons and one organisation were added to the Appendix, one natural person and one organisation were removed from the Appendix and the entries of two natural persons were amended. Due to the removals it was necessary, in addition, to amend one entry. The amendment came into force on 15 November 2013.
The amendment is available for consultation on the SECO website.
Financial intermediaries are requested to immediately freeze the associated assets and report relevant business relationships to SECO in accordance with the provisions of the Ordinance. 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.
Amendment to Appendix 2to the Ordinance of 19 January 2005on Sanctions againstLiberia (SR 946.231.16)
International sanctions
The Federal Department of Economic Affairs, Education and Research EAERamended Appendix 2 to the Ordinance on Sanctions against Liberia on 13 November 2013. Further information was added to the entries on three natural persons. The amendment came into force on 15 November 2013.
The amendment is available for consultation on the SECO website.
In accordance with the provisions of the Ordinance, financial intermediaries are requested to report relevant business relationships to the State Secretariat for Economic Affairs (SECO) and to freeze the associated assets.
Please note that only the German version is legally binding.