Issuance of Ukraine-/Russia-related General License May 31, 2018 at 02:14PM

The Office of Foreign Assets Control just updated its sanction list. The official date of the publication is May 31, 2018 at 02:14PM . 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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Counter Terrorism Designations Update May 31, 2018 at 10:35AM

The Office of Foreign Assets Control just updated its sanction list. The official date of the publication is May 31, 2018 at 10:35AM . 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 – Gross domestic product in the 1st quarter of 2018 May 31, 2018 at 01:50AM

A new ordinance on Measure against by SECO – Gross domestic product in the 1st quarter of 2018
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SECO – Gross domestic product in the 1st quarter of 2018
Bern, 31.05.2018 – Switzerland’s real gross domestic product (GDP) grew by 0.6% in the 1st quarter of 2018.* Although growth lost some momentum in comparison to the second half of 2017, it was nevertheless broad-based across the various business sectors. The secondary sector expanded modestly, while growth in several service sectors accelerated, including in trade and business-related services. The entertainment industry recorded strong growth thanks to major international sporting events. On the expenditure side of GDP, growth was underpinned by consumption and investment in equipment, accompanied by a considerable increase in imports and a slightly negative growth contribution of foreign trade.
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 May 30, 2018 at 07:23AM

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, 30.05.2018 – 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.
State Secretariat for Economic Affairs

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SECO – Sanctions: Ordinance on Measures against North Korea May 24, 2018 at 07:31AM

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, 24.05.2018 – 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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