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

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Follow-Up Report Switzerland - 2023

Filename: Switzerland-FUR-2023.pdf
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19 October 2023 - Switzerland has made progress in addressing the technical compliance deficiencies identified in the MER with respect to Recommendation 10 and Recommendation 40. As a result of this progress, Switzerland has been re-rated on these Recommendations.

Recommendation 10 is re-rated from Partially Compliant to Largely Compliant
Recommendation 40 is re-rated from Partially Compliant to Largely Compliant

Switzerland has 8 Recommendations rated Compliant, 29 Recommendations rated Largely Compliant and 3 rated Partially Compliant.

The country will move to regular monitoring and will inform the FATF of the progress made in improving the implementation of its AML/CFT measures as part of its 5^th round mutual evaluation.

Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

C = compliant | LC = largely compliant | PC = partially compliant | NC = non-compliant | NA = not applicable

Earlier reports

Measures to combat money laundering and the financing of terrorism and proliferation in Switzerland

6 Dec 2016

Switzerland’s AML/CFT regime is technically robust and has achieved good results, but it would benefit from some improvements in order to be fully effective.

Read the report

12 Feb 2020

Switzerland’s progress in strengthening measures to tackle money laundering and terrorist financing Since its mutual evaluation in 2016, Switzerland has worked to improve the effectiveness of its national framework to combat money laundering and terrorist financing.
6 Dec 2016

Measures to combat money laundering and the financing of terrorism and proliferation in Switzerland Switzerland’s AML/CFT regime is technically robust and has achieved good results, but it would benefit from some improvements in order to be fully effective.
27 Nov 2009

Follow-up Report to the Mutual Evaluation of Switzerland This follow-up report provides an overview of the main changes made to the AML/CFT system in Switzerland since the adoption of the mutual evaluation report of Switzerland in June 2005. With this report, Switzerland has been removed from the regular follow-up process.

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

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