FINMA revises its Anti-Money Laundering Ordinance
(WorldNews Switzerland)

The Swiss Financial Market Supervisory Authority FINMA has revised its Anti-Money Laundering Ordinance (AMLO-FINMA). The changes are part of an overall package and include measures resulting from the FATF`s mutual evaluation report on Switzerland. They also take account of feedback from the consultation phase and will enter into force on 1 January 2020. In the context...