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Switzerland: Revision of Narcotics Act – Switzerland fully legalizes medicinal cannabis

by 7 Mins Read

On 1 August 2022, Swiss National Day, Switzerland’s revised Narcotics Act entered into force. The revision aims at facilitating medical treatments and improving research and development of cannabis. Prior to the revised law, patients and physicians had to apply for special authorization from the Federal Office of Public Health if they wanted to access cannabis for medical purposes. The amendment will allow numerous patients safe and timely access to cannabis medicines as part of their treatment regime. This signifies a further step in modernizing Switzerland’s legislation on cannabis.

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In Sanctions

United States: OFAC extends and reissues General License authorizing certain transactions involving the Central Bank of Russia, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation

by 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled OFAC extends and reissues General License authorizing certain transactions involving the Central Bank of Russia, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation on 9 September 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

In Employment

United Kingdom: Industrial action webinar miniseries – Episode three – Contingency planning (Video chat)

by and 2 Mins Read

The Baker McKenzie London Employment team is delighted to welcome you back to our Industrial Action webinar miniseries with our third and final episode. Episode three breaks down some of the key contingency planning considerations for companies that are experiencing a sustained spell of industrial action, including practices to help keep the business moving, legal risks that can occur during strike action, and steps you should take, such as a proactive communications strategy, to mitigate and avoid these risks.

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In Trade and Foreign Investment

BIS Issues New FAQs Addressing Red Flags Related to Russia/Belarus and Semiconductor Foundries’ Potential Entity List Dealings

by and 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled BIS issues new FAQs addressing red flags related to Russia/Belarus and semiconductor foundries’ potential entity list dealings on 1 September 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

In Sanctions

United States: BIS adds foreign-produced aircraft to list of aircraft exported to Russia in apparent violation of the EAR and OFAC issues new and amended Russia general licenses

by , and 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled BIS adds foreign-produced aircraft to list of aircraft exported to Russia in apparent violation of the EAR and OFAC issues new and amended Russia general licenses on 22 August 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

In Sanctions

Ukraine: The law on cancelling marketing authorizations due to ties with Russian/Belarusian pharmaceutical manufacturing became applicable

by and 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled Ukraine: The law on cancelling marketing authorizations due to ties with Russian/Belarusian pharmaceutical manufacturing became applicable on 24 August 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

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