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Published on 5 June 2015

Federal Council calls for enhanced due diligence requirements to prevent acceptance of untaxed assets

Bern, 5.6.2015 - In the future, banks and other financial intermediaries will have to comply with enhanced due diligence requirements when accepting assets in order to prevent the inflow of untaxed assets. Today, the Federal Council referred a corresponding dispatch on amending the Anti-Money Laundering Act to Parliament.