Newsletter 205 from September 7, 2011

Wednesday, 07. September 2011

Amendment to Appendix 3 to the Ordinance on Sanctions against Libya

The Federal Department of Economic Affairs (FDEA) amended Appendix 3 to the Ordinance on Sanctions against Libya on 5 September 2011. Switzerland thus adopts a corresponding resolution of the European Union. In Appendix 3, List B, 27 companies and organisations were deleted and 1 organisation was added. The amendment came into force on 6 September 2011. The Appendices to the Ordinance are available for consultation on the State Secretariat for Economic Affairs (SECO) website.

In accordance with the provisions of the Ordinance on sanctions against Libya, financial intermediaries are requested to report relevant business relationships to SECO and to block the associated assets.

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Please note that only the German version is legally binding.