Switzerland has updated its sanctions regime concerning the Republic of South Sudan, following a publication by the Federal Department of Economic Affairs, Education and Research (EAER).
The amendments modify Annex 2 of the ordinance enacted on August 12, 2015, which governs restrictive measures directed against South Sudan under federal law SR 946.231.169.9. Financial institutions and relevant entities operating within Swiss jurisdiction are required to review compliance protocols to ensure adherence to the updated regulatory framework.
