News on the revision of the Anti-Money Laundering Act

June 2019

On 26 June 2019 the Federal Council published the dispatch of the amended Anti-Money Laundering Act (AMLA) and its draft legislation. At the same time, the report on the results of the consultation procedure was published. The Federal Assembly will discuss the proposal in the forthcoming autumn and winter sessions. The changes are expected to enter into force at the earliest on 1 January 2021. This means that regulation in the area of combating money laundering is making further progress.