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Temporary Extension of Ukraine-related General Licenses September 21, 2018 at 05:26PM

The Office of Foreign Assets Control just updated its sanction list. The official date of the publication is September 21, 2018 at 05:26PM . Stay tuned to get the update files. Have a compliance question ? You are not alone ! By responding to this post you share it with the community. We will get back to you asap.

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SECO – Sanctions: Ordinance on economic measures against the Republic of Iraq September 20, 2018 at 08:16AM

A new ordinance on Measure against by SECO – Sanctions: Ordinance on economic measures against the Republic of Iraq
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SECO – Sanctions: Ordinance on economic measures against the Republic of Iraq
Bern, 20.09.2018 – The UN sanctions committee has amended the list of sanctioned individuals, companies and organizations. The SESAM database has been updated accordingly.

On 4 March 2016 the Federal Council has adopted the Ordinance on the automatic application of the UN Security Council’s sanctions lists. Hence, the amendments of the UN Security Council’s sanctions lists enter into force in Switzerland without delay. https://ift.tt/2bsbVmw
State Secretariat for Economic Affairs

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SECO – Swiss economy booming, global economic risks increasing September 19, 2018 at 01:48AM

A new ordinance on Measure against by SECO – Swiss economy booming, global economic risks increasing
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SECO – Swiss economy booming, global economic risks increasing
Bern, 19.09.2018 – Economic forecasts by the Federal Government’s Expert Group – autumn 2018* – The Expert Group is significantly raising its forecast for GDP growth in 2018 from 2.4% to 2.9%. The favourable international economic development is stimulating foreign trade, and companies are investing heavily. The forecast for GDP growth in 2019 remains unchanged at robust 2.0%. However, the negative risks significantly outweigh the positives and threaten the global outlook.
State Secretariat for Economic Affairs

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SECO – Sanctions: Ordinance on Measures against Libya September 18, 2018 at 10:14AM

A new ordinance on Measure against by SECO – Sanctions: Ordinance on Measures against Libya
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SECO – Sanctions: Ordinance on Measures against Libya
Bern, 18.09.2018 – The list of sanctioned individuals, companies and organizations has been supplemented with additional information. The SESAM database has been updated accordingly.

On 4 March 2016 the Federal Council has adopted the Ordinance on the automatic application of the UN Security Council’s sanctions lists. Hence, the amendments of the UN Security Council’s sanctions lists enter into force in Switzerland without delay.
State Secretariat for Economic Affairs

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