Federal Act
on the Freezing and the Restitution of Illicit Assets
held by Foreign Politically Exposed Persons
(Foreign Illicit Assets Act, FIAA)

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.

of 18 December 2015 (Status as of 1 July 2016)


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Art. 32 Transitional provisions

1 As­sets already frozen when this Act enters in­to force un­der an or­der by the Fed­er­al Coun­cil based on Art­icle 2 of the Fed­er­al Act of 1 Oc­to­ber 201012 on the Resti­tu­tion of Il­li­cit As­sets (RI­AA) or on Art­icle 184 para­graph 3 of the Fed­er­al Con­sti­tu­tion shall re­main frozen. Such as­set freezes shall be con­sidered a freeze ordered pur­su­ant to Art­icle 4.

2 This Act ap­plies to leg­al ac­tions for the con­fis­ca­tion of as­sets brought be­fore the Fed­er­al Ad­min­is­trat­ive Court un­der the pro­vi­sions of the RI­AA and which are still pending when the present Act enters in­to force.

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