Switzerland pushes up FATF technical compliance ratings; needs more graduated sanctions penalties

Switzerland will move on to regular monitoring by the Financial Action Task Force (FATF) after a fourth follow-up on its 2016 mutual evaluation report found it had made technical progress in aligning its anti-money laundering regime with international standards.

Switzerland will move on to regular monitoring by the Financial Action Task Force (FATF) after a fourth follow-up on its 2016 mutual evaluation report found it had made technical progress in aligning its anti-money laundering regime with international standards.