Criminal liability of the bank and its employees

Understand the risks incurred by a financial intermediary and its employees in the event of a breach of money laundering rules.

This course is divided into three parts. The first focuses on the legal and regulatory sources that govern efforts to combat money laundering in Switzerland, as well as some of the legal concepts that are essential for their application. It also looks at the particular position of financial intermediaries in preventing and combating money laundering.

In the second part of the course we examine the key legal elements of Article 305bis of the Swiss Criminal Code, which deals specifically with money laundering.

Finally, the last part of the course focuses on financial intermediaries’ failures to exercise due diligence as well as breaches of their reporting obligations and the resulting legal risks, also related to the criminal liability of the company.undefined