Switzerland’s progress in strengthening measures to tackle money laundering and terrorist financing

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French

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Follow Up Report Switzerland January 2020

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Follow-Up-Report-Switzerland-2020.pdf
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Switzerland’s progress in strengthening measures to tackle money laundering and terrorist financing

Paris, 13 February 2020 - Since the 2016 assessment of Switzerland’s measures to tackle money laundering and terrorist financing, the country has taken a number of actions to strengthen its framework.

Switzerland has been in an enhanced follow-up process following the adoption of its Mutual Evaluation Report of Switzerland 2016

To reflect Switzerland’s progress, the FATF has now re-rated the country on the following Recommendations:

  • Recommendation 16 - Wire transfers, from partially compliant to largely compliant
  • Recommendation 19 - Higher-risk countries, from partially compliant to compliant
  • Recommendation 33 – Statistics, from partially compliant to compliant

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The FATF also maintained the rating of compliant for Recommendation 7 (Targeted financial sanctions related to proliferation).

Switzerland is rated compliant on 8 Recommendations and largely compliant on 27 Recommendations.  It is remains partially compliant on 5 Recommendations.

Switzerland will continue to report back to FATF on its progress.