on Combating Money Laundering
in the Financial Sector
(Anti-Money Laundering Act, AMLA)
of 10 October 1997 (Status as on 19 December 2006)
The Federal Assembly of the Swiss Confederation,
based on Articles 31bis paragraph 2, 31quater, 34 paragraph 2 and 64bis
of the Federal Constitution1,
and having considered the Federal Council Dispatch dated 17 June 19962,
Chapter 1: General Provisions
This Act regulates the combating of money laundering as defined in Article 305bis of
the Swiss Criminal Code3 (SCC) and the due diligence required in financial transac-
Scope of application
1 This Act applies to financial intermediaries.
2 Financial intermediaries are:
banks as defined in the Banking Act of 8 November 19344;
b.5 fund managers, provided they manage share accounts and they offer or dis-
tribute shares in collective capital investments;
bbis.6 investment companies with variable capital, limited partnerships for collec-
tive capital investments, investment companies with fixed capital and asset
managers within the meaning of the Collective Investments Act of 23 June
20067, provided they offer or distribute shares in collective capital invest-
AS 1998 892
[BS 1 3]. The provisions mentioned now correspond to Arts. 95, 98, 103 and 123 of the
Federal Constitution of 18 April 1999 (SR 101).
BBl 1996 III 1101
Wording according to Annex No. II 9 of the Collective Investments Act of 23 June 2006,
in force since 1 Jan. 2007 (SR 951.31).
Inserted by Annex No. II 9 of the Collective Investments Act of 23 June 2006, in force
since 1 Jan. 2007 (SR 951.31).
insurance institutions as defined in the Insurance Supervision Act of
17 December 20049 that deal in direct life insurance or offer or distribute
shares in collective capital investments;
securities dealers as defined in the Stock Exchange Act of 24 March 199510;