Newsletter 97 from July 09, 2009 International Sanction

Newsletter 97 - Amendment to the Appendix to the Ordinance on Sanctions against Al-Qaeda and the Taliban - The Federal Department of Economic Affairs (FDEA) 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 1 July 2009. The name of one natural person was added to the list. This amendment relates to corresponding UNO resolutions and came into force on 8 July 2009. The Appendix to the Ordinance is available for consultation on the website of the State Secretariat for Economic Affairs (SECO). Financial intermediaries are requested to report such business relationships to the State Secretariat for Economic Affairs (SECO) in accordance with the provisions of the Ordinanceand to freeze the associated assets. Reporting to the SECO does not release the financial intermediary from its obligation to report immediately to the Reporting Center for Money Laundering in accordance with Article 9 of the Money Laundering Act.