Issuance of Guidance Related to the Provision of Humanitarian Assistance by Not-For-Profit Non-Governmental Organizations October 17, 2014 at 09:54AM

The Office of Foreign Assets Control just updated its sanction list. The official date of the publication is October 17, 2014 at 09:54AM . 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.

SECO – Sanctions: Ordinance on Measures against the Islamic Republic of Iran October 17, 2014 at 04:10AM

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, 17.10.2014 – The Federal Department of Economic Affairs, Education and Research EAER has amended the Annex 6 to the Ordinance. One company and eleven persons have been erased and the information regarding six persons has been adapted. These alterations reflect modifications of the EU sanctions lists.
State Secretariat for Economic Affairs

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SECO – Slightly lower growth forecasts, with increased downside risks October 16, 2014 at 01:50AM

A new ordinance on Measure against by SECO – Slightly lower growth forecasts, with increased downside risks
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SECO – Slightly lower growth forecasts, with increased downside risks
Bern, 16.10.2014 – Economic forecasts from the Federal Government’s Expert Group – Autumn 2014* – As a result of the continuing fragility of the global environment, in particular the faltering recovery in the Euro region, the Swiss economy has lost some of its momentum since the beginning of 2014. With respect to the latest signals of lower activity in the Swiss economy, the Expert Group assumes that this evolution should be only temporary and that the pace of the economy is likely to gradually pick up again. However, since the impetus from both domestic demand and exports is slightly weaker than had been previously anticipated, the growth forecasts for 2014 and 2015 are somewhat lower compared to the last forecast (dated June 2014). The Expert Group now projects growth in GDP of 1.8% (previously 2.0%) for the current year, accelerating to 2.4% (previously 2.6%) for 2015**. In view of the slowdown in the economic recovery the reduction in unemployment is likely to be delayed and is only expected to start falling during the course of 2015. In light of the dampened short-term economic outlook for the Euro region, including Germany, the conditions deteriorated compared to the last forecasts in June. Although the economic projections for Switzerland are still quite appealing, the downside risks noticeable increased during the last few months.
State Secretariat for Economic Affairs

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SECO – Sanctions: Ordinance on Measures against Somalia October 08, 2014 at 04:56AM

A new ordinance on Measure against by SECO – Sanctions: Ordinance on Measures against Somalia
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SECO – Sanctions: Ordinance on Measures against Somalia
Bern, 08.10.2014 – The Federal Department of Economic Affairs, Education and Research EAER has amended the Annex/ Annexes to the Ordinance.
State Secretariat for Economic Affairs

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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 October 08, 2014 at 04:51AM

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, 08.10.2014 – The Federal Department of Economic Affairs, Education and Research EAER has amended the Annex/Annexes to the Ordinance.
State Secretariat for Economic Affairs

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