Switzerland attaches great importance to a healthy financial centre. Over the past few decades, Switzerland has gradually established a robust and comprehensive system for combating money laundering and terrorist financing that combines preventive measures with repressive ones.
Switzerland actively participates internationally in the fight against money laundering and terrorist financing. In particular, it plays an active part in the Financial Action Task Force (FATF).
The FATF member states' compliance with the FATF standards is regularly evaluated. The FATF evaluated Switzerland for the fourth time in 2016. Although it acknowledged the overall good quality of the Swiss system, it identified certain shortcomings and made corresponding recommendations.
In June 2019, the Federal Council adopted the dispatch on the amendment of the Anti-Money Laundering Act (AMLA). The aim of this proposal is to implement some of the most important country report recommendations.
The dispatch contains measures for providers of services in connection with companies or trusts (advisers) and for financial intermediaries. Moreover, it promotes the transparency of associations. Finally, it contains measures for trading in precious metals, precious stones and precious metal scrap.
The parliamentary discussions started at the end of 2019 and are still ongoing. The amended act is expected to come into force by the start of 2022.
In addition to the Anti-Money Laundering Act, the Swiss Civil Code, the Swiss Code of Obligations, the Criminal Code, the Precious Metals Control Act and the Financial Market Supervision Act also need to be amended in order to implement the measures.
The Federal Council additionally established the interdepartmental coordinating group on combating money laundering and the financing of terrorism (CGMF) in 2013. In June 2015, the CGMF published the first report on the national assessment of the risks of money laundering and terrorist financing (NRA).
The CGMF has also published several analyses of money laundering and terrorist financing risks in various areas (see below: "Further information" > "Reports"). Further analytical reports are being prepared.
Bericht "National Risk Assessment (NRA): Betrug und Phishing zwecks betrügerischen Missbrauchs einer Datenverarbeitungsanlage als Vortat zur Geldwäscherei" (PDF, 1 MB, 14.10.2020)(only in German and in French)
Bericht "National Risk Assessement (NRS): Korruption als Geldwäschereivortat" (PDF, 2 MB, 15.07.2019)(only in German and in French)
National Risk Assessment (NRA): Bericht über die Bargeldverwendung und deren Missbrauchsrisiken für die Geldwäscherei und Terrorismusfinanzierung in der Schweiz (PDF, 1 MB, 19.12.2018)(only in German and in French)
Bericht «National Risk Assessment (NRA): Geldwächereirisiken bei juristischen Personen» (PDF, 3 MB, 07.11.2018)(only in German and in French)
Aufsicht über die Rohstoffhandelstätigkeiten unter dem Blickwinkel der Geldwäscherei - Bericht des Bundesrates in Erfüllung des Postulats 17.4204 Seydoux-Christe vom 14.12.2017 (only in German and in French)
Last modification 14.10.2020