FINMA | AMLP Forum

Swiss FINMA publishes Guidance on Managing Digital Fraud Risks, warning from a 19-bank survey of rising fraud since 2022 and serious gaps in AML and operational controls as digital threats escalate

by Jyotsna Bucktowar | Apr 9, 2026

The regulator warns that digital banking expansion and emerging technologies, including AI, are increasing exposure to fraud and ML, with gaps identified in governance, incident response, and horizon scanning capabilities across several institutions. FINMA stresses...

Swiss FINMA approves merger of 2 supervisory bodies: FINcontrol Suisse AG and OSFIN into OSFINcontrol AG, creating a stronger, unified AML and financial compliance authority

by Jyotsna Bucktowar | Dec 11, 2025

This consolidation strengthens the supervisory framework for portfolio managers and trustees under Swiss financial regulation, with OSFINcontrol expected to provide unified, efficient oversight of compliance with the Financial Institutions Act (FinIA), the Financial...

Swiss FINMA’s ‘Guidance on Disclosure of Crypto-Based Assets’ clarifies that banks must report them as custody assets, and not fiduciary transactions in their annual financial statements

by AdrianaAMLP | Sep 5, 2025

FINMA publishes an oversight communication clarifying the disclosure of crypto-based assets in banks’ annual financial statements under its Guidance 03/2025. It confirms that previous disclosure obligations remain in force, allows banks pragmatic flexibility in...

Swiss FINMA 2025 Consumer Protection Report raises alarm over unregulated financial advice on AI platforms and social media, fueling fraud and social manipulation, urging tougher oversight

by Jyotsna Bucktowar | Apr 30, 2025

FINMA warns of increasing consumer risks driven by digitalisation and viral financial trends on social media and AI platforms, where unregulated advice from AI tools and “finfluencers” is promoting high-risk investments like crypto and unlisted shares....

Swiss FINMA finds Mirabaud & Cie SA breached its AML obligations and financial market laws due to inadequate review and client documentation

by Jyotsna Bucktowar | Sep 17, 2024

The bank may not accept any new clients with increased money-laundering risks until compliance with the law has been restored. Furthermore, FINMA has confiscated CHF 12.7 million of unlawfully generated profits and opened three proceedings against...

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Swiss FINMA publishes Guidance on Managing Digital Fraud Risks, warning from a 19-bank survey of rising fraud since 2022 and serious gaps in AML and operational controls as digital threats escalate

Swiss FINMA approves merger of 2 supervisory bodies: FINcontrol Suisse AG and OSFIN into OSFINcontrol AG, creating a stronger, unified AML and financial compliance authority

Swiss FINMA’s ‘Guidance on Disclosure of Crypto-Based Assets’ clarifies that banks must report them as custody assets, and not fiduciary transactions in their annual financial statements

Swiss FINMA 2025 Consumer Protection Report raises alarm over unregulated financial advice on AI platforms and social media, fueling fraud and social manipulation, urging tougher oversight

Swiss FINMA finds Mirabaud & Cie SA breached its AML obligations and financial market laws due to inadequate review and client documentation

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