The Swiss Anti-Money Laundering Act (AMLA) applies not only to banks and securities dealers. Independent asset managers, trustees, fund managers, dealers in raw materials, forex dealers and any other person or company that is primarily active in the financial market may qualify as financial intermediaries, especially if they professionally assume or retain external assets, or assist in investing or transferring such assets. Financial intermediaries must identify their contractual party and ascertain the beneficial owner.

Furthermore, financial intermediaries must join one of the self-regulating bodies or must apply to the Swiss Anti-Money Laundering Control Authority (AMLCA) for a license for their operations. Those who operate without a license risk both substantial penalties and significant damage to their reputations.

CSF determines whether you are classified as a financial intermediary and, where appropriate, we assist you in joining a self-regulating body and obtaining a license. We support our clients in establishing the necessary organization under the AMLA: in creating instructions and forms, in developing filing systems and in providing training to the staff concerned. We prepare you fully for external money laundering audits and we are available as external professionals for AML-related questions. We also refer to our publication Financial Intermediary Licensing.


Please contact us for further information or use our online form.