Switzerland is stepping up the fight against money laundering and tax crimes. In fact, the Government of Bern has already put two draft laws on declared money up for consultation, to which the Bankers' Association has given its assent. The other opinions are expected by mid-June, before proceeding with the parliamentary process.
The choice of the ceiling on the purchase of real estate and movable property in cash is very particular, set at 100 francs, or 82 euros. The program also includes the introduction of the crime of qualified tax fraud, or aggravated by the falsification of documents. Furthermore, while banks are not obliged to ask customers for a self-declaration on tax rules, they will have to make sure, in the future, that the money is clean.
The new rules will go towards greater transparency of legal entities and shareholders, making it possible to identify them.
