Report on safe-deposit boxes and their risks of abuse for money laundering and terrorist financing
Bern, 14.12.2015 - Today, the Federal Department of Finance (FDF) published a report on safe-deposit boxes and their risks of abuse for money laundering and terrorist financing. The report defines the various types of safe-deposit box in Switzerland, describes the applicable legal provisions and analyses the relevant risks. It concludes that the regulation already in place is sufficient.