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.
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?
These days it seems everyone is talking about blockchain. Major insurance companies are investing into it, consortiums are forming around it and investors are pouring in capital. It’s early days, yet evidence suggests blockchain will create significant commercial and economic value for the industry.