FATF recognises Switzerland's progress in strengthening its anti-money laundering and counter-terrorist financing measures
Bern, 19.10.2023 - On 19 October 2023, the Financial Action Task Force (FATF) published Switzerland's fourth follow-up report subsequent to the country's last mutual evaluation in 2016. The FATF acknowledges the progress made by Switzerland, especially with the revision of the Anti-Money Laundering Act (AMLA) adopted in March 2021. Nevertheless, further improvements are needed in a number of key areas to ensure a high level of integrity in the financial centre.