Regulation and compliance

In Switzerland, as in many other countries, the financial sector belongs to the most strictly regulated branches of the national economy. Banking and financial sector regulation plays a correspondingly important role in determining the attractiveness of a location for financial services.

Switzerland’s international competitiveness as a business location is decreasing. One reason for this is the constant increase in regulatory density, which is placing a growing administrative as well as financial burden on companies.

Switzerland has strict rules aimed to prevent money laundering and terrorist financing. It implements the Financial Action Task Force’s international standards.