Newsletter 256 from March 11, 2013 International Sanction
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 on 7 March 2013. Four persons were added, one entry was deleted and eight entries were updated. The amendment came into force on 9 March 2013.
The amendment is available for consultation on the State Secretariat for Economic Affairs (SECO) website.
Financial intermediaries are requested to immediately freeze the associated assets and report relevant business relationships to the State Secretariat for Economic Affairs (SECO) in accordance with the provisions of the Ordinance. 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.
Please note that only the German version is legally binding.