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SECO – Sanctions: Ordinance on Measures against the Islamic Republic of Iran September 22, 2017 at 11:51AM

A new ordinance on Measure against by SECO – Sanctions: Ordinance on Measures against the Islamic Republic of Iran
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SECO – Sanctions: Ordinance on Measures against the Islamic Republic of Iran
Bern, 22.09.2017 – The existent entries of annex 5 of the Ordinance have been updated in the SESAM data base and harmonized with the UN sanctions list. No new persons, entities or organizations have been listed in or deleted from annex 5 in relation to this modification.
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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SECO – Swiss economy resumes stronger growth September 21, 2017 at 01:48AM

A new ordinance on Measure against by SECO – Swiss economy resumes stronger growth
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SECO – Swiss economy resumes stronger growth
Bern, 21.09.2017 – Economic forecasts by the Federal Government’s Expert Group – autumn 2017* – Because of the weak performance in the first half of the year, the Federal Government’s Expert Group anticipates only moderate GDP growth of 0.9% in 2017. Over the coming quarters, though, solid momentum in the global economy is set to support the export sector, while the domestic sector is also expected to gather pace. Sizeable GDP growth of 2.0% is therefore expected for 2018. Accelerating growth will bring a marked increase in employment and a further decline in the unemployment rate. Positive and negative risks to the outlook are more balanced than in previous quarters.
State Secretariat for Economic Affairs

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OFAC SDN List Update; Iran Designations; Non-proliferation Designations; Counter Terrorism Designations; Cyber-related Designations; Kingpin Act Designations September 14, 2017 at 01:40PM

The Office of Foreign Assets Control just updated its sanction list. The official date of the publication is September 14, 2017 at 01:40PM . 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 Measures against Individuals and Entities Associated with Usama bin Laden, the Group «Al-Qaïda» or the Taliban September 13, 2017 at 05:30AM

A new ordinance on Measure against by SECO – Sanctions: Ordinance on Measures against Individuals and Entities Associated with Usama bin Laden, the Group «Al-Qaïda» or the Taliban
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SECO – Sanctions: Ordinance on Measures against Individuals and Entities Associated with Usama bin Laden, the Group «Al-Qaïda» or the Taliban
Bern, 13.09.2017 – 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.
State Secretariat for Economic Affairs

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SECO – Sanctions: Ordinance on Measures against North Korea September 12, 2017 at 08:12AM

A new ordinance on Measure against by SECO – Sanctions: Ordinance on Measures against North Korea
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SECO – Sanctions: Ordinance on Measures against North Korea
Bern, 12.09.2017 – The UN security council 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.
State Secretariat for Economic Affairs

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SECO – Benefit assessment of online portal StartBiz September 07, 2017 at 05:04AM

A new ordinance on Measure against by SECO – Benefit assessment of online portal StartBiz
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SECO – Benefit assessment of online portal StartBiz
Bern, 07.09.2017 – SECO Publication notice
A study investigating the benefits of the SME start-up portal StartBiz.ch was conducted by the University of St. Gallen on behalf of the State Secretariat for Economic Affairs SECO. The online platform StartBiz.ch allows new companies to register their business directly and online with commercial registers, VAT, social insurances and accident insurances. The University of St. Gallen’s study was based on an online questionnaire given to start-ups all over Switzerland. The results show that users mainly benefited from more and better information, saving time and money, as well as the good accessibility of the tool. Thanks to StartBiz and compared with the traditional route, single-member companies were able to reduce the time needed for getting started legally by two-thirds, the costs involved were halved. Across all legal company forms and users it is estimated that CHF 5.36m can be saved in time and money every year. The study was presented to the public yesterday at the IFIP (International Federation for Information Processing) eGovernment conference.
State Secretariat for Economic Affairs

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