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 (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 2 August 2012. 5 entries were added, 15 entries were deleted and 1 entry was updated. The amendment came into force on 4 August 2012.

The Appendix to the Ordinance is available for consultation on the State Secretariat for Economic Affairs (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. 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.