Anti-Money Laundering Act (AMLA)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only, has no legal force and may not be relied on in legal proceedings.
Art. 1 Subject matter
This Act regulates the combating of money laundering as defined in Article 305bis of the Swiss Criminal Code (SCC), the combating of terrorist financing as defined in Article 260quinquies paragraph 1 SCC, and the due diligence required in financial transactions.
Art. 1 — Amended by No I 4 of the FA of 3 Oct. 2008 on the Implementation of the revised Recommendations of the Financial Action Task Force, in force since 1 Feb. 2009 (AS 2009 361; BBl 2007 6269). SR 311.0
Art. 2 Scope of application
1 This Act applies to: a. financial intermediaries; b. natural persons and legal entities that deal in goods commercially and in doing so accept cash (dealers). 2 Financial intermediaries are: a. banks as defined in Article 1a of the Banking Act of 8 November 1934 (BankA) and the persons defined in Article 1b BankA; abis. portfolio managers and trustees as defined in Article 2 paragraph 1 letters a and b of the Financial Institutions Act of 15 June 2018 (FinIA); b. fund management companies as defined in Article 2 paragraph 1 letter d FinIA; bbis. licensees in accordance with Article 13 paragraph 2 letters b–d the Collective Investment Schemes Act of 23 June 2006, (CISA) and the managers of collective assets in accordance with Article 2 paragraph 1 letter c FinIA; c. insurance institutions as defined in the Insurance Supervision Act of 17 December 2004 that deal in direct life insurance or offer or distribute shares in collective investment schemes; d. securities firms in accordance wi
Para. 1 let. b — Amended by No I 7 of the FA of 12 Dec. 2014 on the Implementation of the 2012 revision of the Recommendations of the Financial Action Task Force, in force since 1 Jan. 2016 (AS 2015 1389; BBl 2014 605). Para. 2 let. a — Amended by Annex No II 15 des Financial Institutions Act of 15 June 2018, in force since 1 Jan. 2019 (AS 2018 5247; BBl 2015 8901). Para. 2 let. a — SR 952.0 Para. 2 let. abis — Inserted by Annex No II 15 of the Financial Institutions Act of 15 June 2018 (AS 2018
Art. 2a Definitions
1 Politically exposed persons in terms of this Act are: a. individuals who are or have been entrusted with prominent public functions by a foreign country, such as heads of state or of government, senior politicians at national level, senior government, judicial, military or political party officials at national level, and senior executives of state-owned corporations of national significance (foreign politically exposed persons); b. individuals who are or have been entrusted with prominent public functions at national level in Switzerland in politics, government, the armed forces or the judiciary, or who are or have been senior executives of state-owned corporations of national significance (domestic politically exposed persons); c. individuals who are or have been entrusted with a prominent function by an intergovernmental organisation or international sports federations, such as secretaries general, directors, deputy directors and members of the board or individuals who have been en
Art. 2a — Inserted by No I 7 of the FA of 12 Dec. 2014 on the Implementation of the 2012 revision of the Recommendations of the Financial Action Task Force, in force since 1 Jan. 2016 (AS 2015 1389; BBl 2014 605).