91 results found

In June 2019, the Financial Action Task Force (FATF) issued its guidance on virtual assets and virtual asset service providers concluding that the effective implementation of anti-money laundering

In a recently released milestone decision, the Swiss Federal Supreme Court held, for the very first time, that the duty of financial intermediaries to report suspicions of money laundering...

The Federal Council proposes to strengthen the overall Swiss anti-money laundering framework. This Insight focuses on the key measure of the proposed introduction of a central register of ultimate beneficial owners.

30 August 2023, the Swiss Federal Council launched a consultation procedure on a bill to strengthen the anti-money laundering framework.

Both liquidity and funding risks as well as outsourcing of significant functions have been newly added to the FINMA list of principal risks...

Mit BGE 136 IV 188 hat das Bundesgericht die in der Lehre lang umstrittene Frage entschieden, ob das GwG

On 26 August 2019, the Swiss Financial Market Supervisory Authority FINMA ("FINMA") published its Guidance 02/2019.

Verdachtsfällen im Bereich der Finanzkriminalität (Geldwäscherei, Korruption, Steuer- und Betrugsdelikte) müssen Finanzinstitute aus regulatorischen Gründen immer nachgehen.

On 1 January 2020, the Federal Act on Financial Services of 15 June 2018 (FinSA) and the Federal Act on Financial Institutions of 15 June 2018 (FinIA) entered into force, subject…

In a communication dated 12 June 2026, the Swiss Federal Council confirmed that the revised Anti-Money Laundering Act (“AMLA”) and the new Federal Act on the Transparency of Legal Entities (“ATLE”) will enter...

The Swiss Confederation plans to introduce a federal transparency register on the beneficial owners of legal entities with the TLEA.

The consultation period is coming to an end. And regardless of how loud or quiet the protests are, the new Money Laundering Act is coming.

Today, few speak about organised and drug related crime in the context of anti-money laundering legislation.

On 26 September 2025, alongside the adoption of the new Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners (the "Legal Entities Transparency Act", "LETA")...

The Financial Action Task Force (FATF) Recommendations for Combating Money Laundering were revised in 2012.

Following recommendations from the Financial Action Task Force, the Swiss government has proposed legislation to shore up the integrity of its financial centre...

FINMA published its Risk Monitor 2025 on 17 November 2025 (Risk Monitor), in which it identifies the following nine principal risks as "high": (i) risks in connection with real estate and mortgages...

With the new Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners (LETA), Switzerland is establishing, for the first time, a central electronic register of the beneficial owners of companies (transparency register). The LETA, the related ordinance (LETO) and the revised Anti-Money Laundering Act (AMLA) will enter into force on 1 October 2026.