Legal basis for combating money laundering

The financial market legislation governing the combating of money laundering derives from one federal act, one Federal Council ordinance and one SFMA ordinance.

• Anti-Money Laundering Act (AMLA)
• Anti-Money Laundering Ordinance
• Anti-Money Laundering Ordinance (AMLO-SFMA)

Anti-Money Laundering Act

This federal act applies to financial intermediaries and governs the combating of money laundering and terrorist financing. It ensures the exercise of due diligence in the conduct of financial transactions.

Anti-Money Laundering Ordinance

The Anti-Money Laundering Ordinance sets out the requirements for the professional practice of financial intermediation and the due diligence obligations and reporting duties which traders must fulfil.

SFMA Anti-Money Laundering Ordinance

This SFMA ordinance sets out how the financial intermediaries are to implement their obligations to prevent money laundering and terrorist financing.