What Switzerland Anti-Money Laundering Act 1997 (GwG/AMLA) - SR 955.0 requires
The Swiss Anti-Money Laundering Act (Geldwäschereigesetz, GwG; SR 955.0) establishes the due diligence and reporting obligations for financial intermediaries in Switzerland, administered jointly by FINMA and the self-regulatory organisations (SROs) approved under the Act. Financial intermediaries as defined in Art. 2 - including banks, securities dealers, fund management companies, insurance undertakings, money transmitters, and casinos - must comply with a trilogy of core obligations: identification of the contracting party (Art. 3), identification of the beneficial owner (Art. 4), and enhanced due diligence for business relationships posing heightened money laundering risk (Art. 6). Art. 9 imposes an obligation to report suspicious transactions to the Money Laundering Reporting Office Switzerland (MROS) and prohibits the financial intermediary from continuing the business relationship until authorised by MROS or a competent authority. Art. 10 prohibits the financial intermediary from informing the contracting party or beneficial owner that a report has been or may be filed. Financial intermediaries must also maintain adequate documentation (Art. 7), implement organisational measures (Art. 8), and affiliate with a recognised SRO or be directly supervised by FINMA.
Pillar: Banking & Global Finance · Authority: Swiss Financial Market Supervisory Authority (FINMA); Money Laundering Reporting Office Switzerland (MROS) · Version: 1.0.1 · Last updated:
Primary source: https://www.fedlex.admin.ch/eli/cc/1998/892_892_892/en
SHA-256 integrity: 270aa23895ded449dc48c7878efabc7dbdd5c021c92b775973e13fc2edc15ec2
Primary Citations — 7 traced to source
- Federal Act on Combating Money Laundering and Terrorist Financing (GwG/AMLA) SR 955.0 (Switzerland), Art. 2 - Scope: financial intermediaries subject to the Act including banks, securities dealers, insurance undertakings, and money transmitters
- Federal Act on Combating Money Laundering and Terrorist Financing (GwG/AMLA) SR 955.0 (Switzerland), Art. 3 - Duty to identify the contracting party before establishing a business relationship or executing a transaction above the threshold
+ 5 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/ch-amla-geldwaeschereigesetz-1997.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/ch-amla-geldwaeschereigesetz-1997.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/ch-amla-geldwaeschereigesetz-1997
- Back to registry: Browse all 10,131 compliance nodes