Swiss regtech company Indigita SA, in collaboration with BRP Bizzozero & Partners SA, has launched a new e-Learning for banks and other financial intermediaries, which focuses on the duty to report to the Money Laundering Reporting Office Switzerland (MROS) based on the Anti-Money Laundering Act (AMLA) and provides an overview on other duties and rights to report to MROS and the State Secretariat of Economic Affairs (SECO) in the domains of anti-money laundering and sanctions.
The course begins with an overview on the various duties and rights to report to MROS and SECO in the domains of anti-money laundering and sanctions. In this context, it describes the right to report to MROS based on Art. 305ter of the Swiss Criminal Code (SCC) as subsidiary to the duty to report to MROS based on Art. 9 AMLA, along with the duty to notify to MROS or SECO in sanctions-related cases, respectively based on the Foreign Illicits Assets Act (FIAA) and the Federal Council Ordinances based on Embargo Act (EmbA).
The course focuses then on the duty to report to MROS based on Art. 9 AMLA, showcasing the different scenarios where it arises, and ends with the consequences of violating this duty, including administrative measures and/or criminal sanctions, depending on the case.
As evidenced by several cases in recent years, this theme is of crucial importance for financial intermediaries and for all professionals involved in the assessment and filing of this kind of reports.
The online course is highly interactive, combining theory with different case studies and videos inspired by real cases, and concludes with a final assessment to check the participants’ learning progress.
The course is available in English for banks and other financial intermediaries and can be booked as of now.
More information about the Compliance online trainings and Indigita’s entire e-Learning offering: https://www.indigita.ch/e-learning
The course can also be purchased online through the new Indigita e-Shop: