FATF: Switzerland fares well in combating money laundering and terrorist financing
Bern, 7.12.2016 - On 7 December 2016, the Financial Action Task Force (FATF) published the fourth mutual evaluation report on Switzerland. Overall Switzerland receives good marks and achieves an above-average result compared to those countries already reviewed. The FATF acknowledges the quality of the Swiss system for combating money laundering and terrorist financing. In its report, it made a series of recommendations to improve Swiss legislation and its implementation.