Switzerland updates its anti-money laundering laws

Switzerland updates its anti-money laundering laws

In September 2025, the Swiss Parliament passed a major reform to its anti-money laundering (AML) laws.

orgSwiss Parliament
conceptanti-money laundering

Expected to take effect by mid-2026, these changes aim to increase transparency and align Switzerland with international standards set by the Financial Action Task Force (FATF).

locationSwitzerland
orgFinancial Action Task Force
orgFATF

One key update is the creation of a new federal register where companies must identify their beneficial owners.

conceptfederal register

These professionals must now perform thorough client due diligence and verify ownership.

conceptdue diligence

The Swiss government believes these measures are vital for maintaining the reputation and integrity of Switzerland as a leading global financial center.

orgSwiss government
locationSwitzerland

This shift marks the end of the traditional assumption that such advisory roles fall outside the scope of anti-money laundering oversight.

conceptanti-money laundering
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Comprehension Questions

When is the new Swiss AML reform expected to come into force?

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Mid-2026

Who is newly included under the expanded scope of AML obligations?

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Lawyers and notaries acting as advisors

What is the primary purpose of the new federal register?

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To identify the beneficial owners of legal entities

Which international body set the standards that Switzerland is aligning with?

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Financial Action Task Force (FATF)

How did the cash transaction rules change for real estate brokers?

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Correct Choice

The threshold was removed entirely

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