Menu Home

SECO adds 4, updates a bunch under Syria sanctions

News 25 November 2021 International sanction 2021 Updated sanctions report The Federal Department of Economic Affairs, Education and Research EAER has amended Annex 7 to the Regulation of 8. June 2012 on measures against Syria (RS 946.231.172.7) published. On the 24th On November 11, 2021, the Federal Department of Economic Affairs, Education […]

SECO removes 1 person from Libya sanctions

News 24 November 2021 International sanction 2021 Updated sanctions report The Federal Department of Economic Affairs, Education and Research EAER has amended Annexes 2, 3, 4 and 5 to the Ordinance of 30. March 2011 on measures against Libya (RS 946.231.149.82). On the 23rd. On November 11, 2021, the Federal Department of Economic […]

OFAC updates two programs: amendments to Syria Sanctions Regulations & its FAQs – and updates Venezuela GL 8

Publication of Amended Syria Sanctions Regulations and Related Frequently Asked Questions; Issuance of Venezuela-related General License 8I Release date. 11/24/2021 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adopting a final rule amending the Syrian Sanctions Regulations, 31 CFR part 542, to expand an existing authorization related […]

AUSTRAC statement on de-banking (aka de-risking)

AUSTRAC statement 2021: de-banking 29 Oct 2021 The issue of de-banking is a complex global problem. Over the past decade, the range of businesses impacted by a loss or limitation of access to banking services has expanded. Money transfer (remitters), digital currency exchanges, not-for-profit organisations (NPO) and financial technology (FinTech) […]