Federal Council brings revised Anti-Money Laundering Act and corresponding ordinances into force
Bern, 31.8.2022 - During its meeting on 31 August 2022, the Federal Council brought the revised Anti-Money Laundering Act (AMLA) and the amended Anti-Money Laundering Ordinance (AMLO) into force with effect from 1 January 2023. Switzerland is thereby strengthening its toolkit to combat money laundering and terrorist financing, and taking account of the most important recommendations from the Financial Action Task Force's (FATF) mutual evaluation report on Switzerland.