New Advisor Obligations under the AML Act: A Practical Guide in 7 Steps

From Legislative Revision to Workable Compliance – Presented by Eva Selamlar (Co-CEO of Eurospider Information Technology AG and responsible for their KYC Spider business unit), with guest speaker Jürg Baltensberger (Founder and Managing Director of JayBee AG) and Sebastian Wälti (Partner at Lawside)

The scope of the Anti-Money Laundering Act (AMLA) is being extended to cover advisors and consultants who professionally participate in certain high-risk transactions, such as real estate transactions or the establishment of shell companies. These activities remain permitted, but are now subject to clearly defined due diligence obligations for the prevention of money laundering and terrorist financing. These include in particular the identification of clients, the determination of beneficial owners, as well as the documentation and clarification of the background of the business relationship. In addition, advisors and consultants must set up their organization accordingly, join a Self-Regulatory Organization (SRO), and report to the Money Laundering Reporting Office (MROS) in cases of justified suspicion.

 

This webinar takes you through the topic in a structured manner, using a practical, ready-to-implement guide:

 

  1. Clarification of the scope of application (“Am I affected as an adviser?”)

  2. Definition of the regulatory framework

  3. Ensuring membership of an SRO

  4. Technical integration with KYC Spider for customer identification and verification

  5. Implementation of internal organisational measures (e.g. training, quality controls)

  6. Practical implementation and integration into day-to-day work

  7. Preparation for the external audit

Goal of the Webinar


  • Clarity on the new obligations – You will know whether and how the revised AMLA applies to you.

  • Concrete next steps – You will be familiar with the 7 measures that help you meet the new requirements in a timely manner.

  • Experience digital implementation live – You will see how the KYC Spider Toolbox efficiently supports you in practical implementation.

 

The webinar will be held in German.

Sign up for our Webinar on 11 June at 1:30 PM

 

More information on our experts:

 

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Eva Selamlar, Co-CEO of Eurospider – a Swiss RegTech company and ETH spin-off that automates sanctions, PEP and KYC checks with its digital KYC Toolbox and documents them in an audit-proof manner.

 

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Jürg Baltensperger, JayBee AG – Founder of the consulting firm JayBee AG, serving 260 companies (from start-ups to established businesses). As a qualified jurist, risk manager and economist, he covers regulatory aspects with a holistic approach and is constantly in search of the most efficient solution. He teaches at universities of applied sciences in the areas of corporate governance, risk management and compliance, and has established a course of study at the HWZ for compliance officers, auditors and regulatory authorities.

 

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Sebastian Wälti, Attorney and Partner at Lawside – Sebastian has ten years of experience in financial market law and is an expert in money laundering prevention. He leads seminars for the Swiss Bar Association (SAV) in connection with the revision of the Anti-Money Laundering Act (AMLA) and the associated subjection of advisors and consultants to the AMLA.