Sanction lists

Sanctions of the FATF

The FATF maintains a "black list" of various countries that show significant strategic deficiencies in the fight against money laundering and calls for increased diligence in dealing with these countries. Transactions and business relationships in connection with these countries are subject to the special duty of clarification (§31 in connection with §32 para. 4 and §33 para. 2 of the Regulations of SRO PolyReg).

FATF blacklist

Furthermore, the FATF maintains a "grey list" of countries that actively cooperate with the FATF to address strategic deficiencies in their anti-money laundering regulations. These countries are subject to increased monitoring, which may be an indication of the special duty of clarification (§31 in connection with §32 para. 1 and §33 para. 1 of the Regulations of SRO PolyReg).

FATF greylist

Reporting to the Money Laundering Reporting Office Switzerland MROS

With effect from January 1, 2020, SARs must be submitted to MROS via the goAML electronic platform. This requires prior registration.