Newsletter 173 from February 8, 2011 International Sanction

Amendment to the Appendix to the Ordinance on Sanctions against Certain Persons from Tunisia

The Federal Department of Foreign Affairs (FDFA) amended the Appendix to the Ordinance on sanctions against certain persons from Tunisia (SR 946.231.175.8) on 4 February 2011. 20 entries were deleted, 23 entries were added and the remaining entries were amended. This Ordinance came into force on 4 February 2011. The Ordinance is available for consultation in the official Compendium of Federal Law.

The FDFA press release on this subject is available for consultation at:
http://www.eda.admin.ch/eda/de/home/recent/media.html

In accordance with the provisions of the Ordinance on sanctions against certain persons from Tunisia, financial intermediaries are requested to report relevant business relationships to the Directorate of International Law (DIL) of the Federal Department of Foreign Affairs (FDFA), and to block the associated assets. Reporting to the DIL 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.