Amendments to the Swiss Anti-Money Laundering Act
Amendments to the Swiss Anti-Money Laundering Act
Switzerland is strengthening its anti-money laundering framework. The revised Anti-Money Laundering Act ("AMLA") adopted in September 2025 broadens its scope to include “advisors” who will become subject to certain due diligence obligations currently applicable to financial intermediaries. Advisors are notably lawyers and notaries. The reform aims to align Swiss practice with international Financial Action Task Force ("FATF") standards. The entry into force of the revised AMLA is expected around mid-2026.