Anti-Money Laundering Act (Switzerland)
Swiss law on money laundering. / From Wikipedia, the free encyclopedia
The Anti-Money Laundering Act (AMLA) (German: Bundesgesetz über die Bekämpfung der Geldwäscherei und der Terrorismusfinanzierung, GwG, French: Loi fédérale du 10 octobre 1997 concernant la lutte contre le blanchiment d’argent dans le secteur financier, LBA, Italian: Legge federale relativa alla lotta contro il riciclaggio di denaro e il finanziamento del terrorismo, LRD), also referred to as the Federal Act on Combating Money Laundering and Terrorist Financing, is a Swiss federal act designed to combat money laundering by requiring financial intermediaries to be vigilant about the origin of funds.
Quick Facts Federal Assembly of Switzerland, Territorial extent ...
Anti-Money Laundering Act (AMLA) | |
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Federal Assembly of Switzerland | |
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Territorial extent | Switzerland |
Enacted by | Federal Assembly of Switzerland |
Enacted | June 17th, 1996. |
Commenced | October 10th, 1997 |
Status: Current legislation |
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