Banking and Payments
FINMA Guidance 05/2023 marks a significant shift in the regulatory landscape for Swiss banks. It demands more than formal compliance, calling for strategic, data-driven risk management embedded in governance and decision-making.
In this whitepaper, Capco outlines the key regulatory expectations, highlighting common pitfalls, and providing actionable recommendations to strengthen financial crime risk frameworks. A real-world case study illustrates how one Swiss private bank successfully implemented the new requirements.
Download the whitepaper to gain:
- A clear summary of FINMA’s updated AML expectations
- Practical insights on risk tolerance, KRIs, and control effectiveness
- Lessons learned from an actual remediation program
