Switzerland attaches great importance to the integrity of its financial centre. It is engaged in developing standards aimed at fighting money laundering and terrorist financing at the international level and applies them consistently at the national level.
Combating money laundering and terrorist financing is crucial for the reputation of Switzerland’s financial centre. Switzerland would like to prevent funds obtained through illicit activities from being fed into the legal economy and keep terrorists from gaining access to funds. It is therefore actively involved in developing international standards in the areas of money laundering and terrorist financing, and implements them consistently. Swiss legislation is one of the world’s most far-reaching in that respect.