Markus Rohner

Markus Rohner

Director, Financial Services

Important changes in the revised Anti-Money Laundering Act

The Swiss Federal Council published the draft law and the related message concerning the planned revision of the Anti-Money Laundering Act (AMLA) on 26 June 2019 after the consultation period ended.

The role of corporate culture in the fight against money laundering

Driven by high regulatory requirements and expectations, scandals that have become public, expensive investigations as well as the underlying reputational risks, financial institutions have been investing heavily into their anti-money laundering setups.
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Money laundering: high risk countries also in Europe

The Financial Action Task Force is constantly updating its country risk assessment. Whilst the list of high-risk jurisdictions include the usual suspects, there is surprisingly one European country on the list, making this is another challenge to be tackled by financial intermediaries.
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Revised basis for video and online identification

The FINMA Circular 2016/07 “Video and online identification” has been partially revised in order to stay abreast with the latest technological developments - on the one hand, it has become more stringent, on the other, certain aspects have been relaxed.
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The new AMLO-FINMA – the relevant changes

The new Anti-Money Laundering Ordinance-FINMA will enter into force on 1 January 2020. Affected institutions should deal with the increased requirements at an early stage and not underestimate the effort required for the implementation of individual, tightened obligations.
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CDB 20: Stricter professional standards in the fight against money laundering

Stricter self-regulation is an important building block in the fight against money laundering and terrorist financing. What are the implications of the revised due diligence standards for financial intermediaries?