Market News

Federal Council adopts dispatch on amending Anti-Money Laundering Act

During its meeting on 26 June 2019, the Swiss Federal Council adopted the dispatch on the amendment of the Anti-Money Laundering Act (AMLA). The proposal follows the Federal Council’s strategy on financial market policy for a competitive Swiss financial centre and takes account of the main recommendations of the mutual evaluation report of the Financial Action Task Force (FATF) on Switzerland.

More information can be found here.