English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 1 Subject matter
This Ordinance regulates: a. the requirements for the exercise on a professional basis of the activity as a financial intermediary in accordance with Article 2 paragraph 3 AMLA; abis. the duties in the event of a suspicion of money laundering (Art. 9–11 AMLA) which financial intermediaries in accordance with Article 2 paragraphs 2 and 3 AMLA must fulfil; b. the due diligence and reporting duties that dealers must fulfil in accordance with Articles 8a and 9 paragraph 1bis AMLA; c. supervision of financial intermediaries in accordance with Article 2 paragraph 3 AMLA by recognised self-regulatory organisations.
let. a — Amended by No I of the O of 31 Aug. 2022, in force since 1 Jan. 2023 (AS 2022 552). let. abis — Inserted by No I of the O of 31 Aug. 2022, in force since 1 Jan. 2023 (AS 2022 552). let. c — Inserted by Annex 1 No II 12 of the Financial Institutions Ordinance of 6 Nov. 2019, in force since 1 Jan. 2020 (AS 2019 4633).
Art. 2 Scope of application
1 This Ordinance applies to: a. financial intermediaries in accordance with Article 2 paragraphs 2 and 3 AMLA operating in or from Switzerland; b. dealers in accordance with Article 2 paragraph 1 letter b AMLA operating in or from Switzerland. 2 The following are not financial intermediaries under Article 2 paragraph 3 AMLA: a. Persons engaged in the following activities: 1. the purely physical transport or the purely physical storage of assets, subject to Article 6 paragraph 1 letter c, 2. debt enforcement activities, 3. the transfer of assets as an ancillary service to a main contractual service, 4. the operation of Pillar 3a pension schemes by bank foundations or insurance companies, 5. the provision of services among group companies; b. Auxiliary persons to financial intermediaries who have an authorisation for their activities in Switzerland or who are affiliated to a self-regulatory organisation (SRO), provided they: 1. are carefully selected by the financial intermediary and are
Para. 1 let. a — Amended by No I of the O of 31 Aug. 2022, in force since 1 Jan. 2023 (AS 2022 552).