Newsletter 150 from October 19, 2010 International Sanction

Newsletter 150 - Amendment to the Appendix to the Ordinance on Sanctions against the Democratic Republic of the Congo (SR 946.231.12) - The Federal Department of Economic Affairs amended the Appendix to the Ordinance on Sanctions against the Democratic Republic of the Congo on 28.09.2010. The identifying features of 14 natural persons were updated. The amendment came into force on 18.10.2010. The Appendix can be downloaded from the website of the State Secretary for Economic Affairs (SECO). - In accordance with the provisions of the Ordinance on Sanctions against the Democratic Republic of the Congo, financial intermediaries are requested to report relevant business relationships to the State Secretariat for Economic Affairs (SECO), and to freeze the associated assets. Reporting to SECO does not release financial intermediaries from their obligation to report immediately to the Reporting Center for Money Laundering in accordance with Article 9 of the Money Laundering Act.