The Federal Department of Economic Affairs, Education and Research EAER has published an amendment to the annex to the Ordinance of 25 May 2005 on measures against Sudan (SR 946. 231. 18). By decision of 8 November 2024, the competent committee of the UN Security Council amended the list of sanctioned persons, companies and organisations. The amendment is directly applicable in Switzerland. On 12 November 2024, SECO therefore amended the SESAM (SECO Sanctions Management) sanctions database, w...
Read MoreThe Federal Department of Economic Affairs, Education and Research EAER has published an amendment to Annex 1 of the Ordinance of 17 October 2018 on measures against Myanmar (SR 946. 231. 157. 5). On 11 November 2024, the Federal Department of Economic Affairs, Education and Research EAER amended the list of persons, companies and organisations sanctioned in this context. The EAER has therefore adapted the SESAM (SECO Sanctions Management) sanctions database, which is relevant for Switzerland...
Read MoreThe Swiss Financial Market Supervisory Authority FINMA has today published its strategic goals for the period from 2025 to 2028. These provide long-term guidance for the authority. The four goals relate to the areas of supervision, resilience, framework conditions and organisation. They reveal how the Swiss Financial Market Supervisory Authority will fulfil its legal mandate in the future. FINMA is continuously increasing its effectiveness and efficiency as a supervisory authority....
Read MoreThe Swiss Confederation issued three bonds by auction on 13.11.2024: 0.25%, maturity 23.06.2035 (reopening) and 1.25%, maturity 28.06.2043 (reopening) and 0.50%, maturity 24.05.2055 (reopening). The issuance volume (excluding own holdings) amounts to a total of 477.560 million francs.
Read MoreDuring its meeting on 13 November 2024, the Federal Council approved the strategic objectives of the Swiss Financial Market Supervisory Authority (FINMA) for 2025 to 2028. Beforehand, it held its annual meeting with FINMA's senior management.
Read MoreDate: 13 November 2024 Reaching Out to Legal Professionals -Privacy Commissioner Attends the Law Society’s Annual Cocktail Reception 2024 The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, attended the Annual Cocktail Reception 2024 of the Law Society of Hong Kong on 11 November to meet with members of the legal professionals. The Privacy Commissioner has been supporting the activities organised by the Law Society of H...
Read MoreBOARD MEETING | NOVEMBER 12, 2024 FDIC Board of Directors Meeting Today the Federal Deposit Insurance Corporation’s Board of Directors met in closed session. Information relative to the meeting are available here. Read more T...
Read MorePRESS RELEASE | NOVEMBER 12, 2024 FDIC Survey Finds 96 Percent of U.S. Households Were Banked in 2023 Record low 5.6 million households remain unbanked WASHINGTON— Nearly 96 percent of all U.S. households were banked in 2023, according to just-released national survey by the Federal Deposit Insur...
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