Revision of the FINMA Anti-Money Laundering Ordinance

The Swiss Financial Market Supervisory Authority FINMA has opened a consultation on the draft revised version of the FINMA Anti-Money Laundering Ordinance. The revised ordinance reflects both the revised Anti-Money Laundering Act of 12 December 2014 and the revised Financial Action Task Force recommendations. The revised ordinance also includes insights gained from supervisory practice and recent market developments. The deadline for submitting comments on the draft ordinance is 7 April 2015.

FINMA Press release