The Swiss Anti-Money Laundering Act is set to undergo a significant revision.​

After several attempts, there is now a consensus in parliament that the anti-money laundering regime in Switzerland should be extended to include advisors in certain areas even though no power of attorney over third-party assets is given.

As a result, numerous attorneys, notaries and other legal advisors and fiduciaries working in and from Switzerland will become subject to the Anti-Money Laundering Act and will be supervised by a self-regulatory organization.

At the end of 2024, the rules were referred back to the Federal Department of Finance by Parliament's preliminary committee for revision. Parliament is expected to vote on the matter again in early summer 2025. Federal Council Keller-Sutter has made it clear on several occasions that these rules must be introduced to ensure compliance with further developed standards in the area of AMLA. The rules are expected to come into force at the beginning or middle of 2026, with short transition periods.