...Fabian Maximilian Johannes Teichmann; Chiara Wittmann Purpose The purpose of this paper is to illustrate threefold how hawala banking poses a problem for Swiss banks implementing anti-money laundering (AML) and anti-terrorist financing (ATF) policies as a fulfilment of Switzerland’s UN commitment...

...Christoph Wronka Purpose This paper aims to examine the framework for the regulation of crypto assets in Germany, the UK and Switzerland focusing on anti-money laundering (AML) laws. It comprehensively addresses the risks of crypto assets and the benefits along with the changes made...

... (BSI) based in the Ticino region of Switzerland, probably sustained the most damage from its dealings with 1MDB, being forced into liquidation by the Swiss authorities as a consequence of its involvement in the case. Although there has been extensive media coverage of the case over recent years...

...-use rights only China Switzerland Compliance Bank deposits Diligence duties Exchange control Other than the identification of the holder and of the economic beneficiary, other notable rules of the Diligence Code contain the prohibition to actively assist capital flight (Fr. “fuite...

...George Pavlidis To return to the Arab Spring events, considerable amounts were allegedly plundered by former rulers and their associates. At the end of 2015, in Switzerland alone, around US$700m had been blocked in the case of Egypt, 100m francs in the case of Libya and 60m francs in the case...

... standards, there is a range of national laws, practices and experiences with STR systems. The purpose of this paper is to assess the effectiveness of national STR systems, by using Switzerland as a case study. Design/methodology/approach Primary source documentation, complemented by observations at FATF...

...Sabrina Fiona Preller Purpose The purpose of this paper is to compare, contrast and evaluate the anti‐money laundering (AML) legislation practised by the UK, Switzerland and Germany. Design/methodology/approach To facilitate the evaluation process, AML legislations and regulations of all three...

...Cecile Ringgenberg Purpose Seeks to summarize the arguably complex situation of disclosure in Switzerland in view of the rules on professional and banking secrecy. Design/methodology/approach The methodology used is practical experience, law, jurisprudence and earlier publications...

...Luka Müller‐Studer Discusses the function of the two types of self‐regulating organisations (SRO) in implementing the Swiss Federal Statute Concerning the Combat of Money Laundering in the Financial Sector (MLS); in Switzerland the enforcement of the duties of diligence contained in the MLS...

... of the new rules to all existing customers. © MCB UP Limited 2003 Switzerland Criminal law Money laundering Journal of Money Laundering Control Ð Vol. 6 No. 4 The Fight Against Money Laundering Ð The Swiss Way Dina Balleyguier Three areas will be examined in this paper, describing the Swiss ®...

... unusual events being noticed, and there is fragmentation at the regulatory level. © MCB UP Limited 2003 Regulation Laws and legislation Switzerland Money laundering Journal of Money Laundering Control Ð Vol. 6 No. 4 Self-Regulation in Combating Money Laundering Nadja Capus INTRODUCTION...