Switzerland
CautionCHE · CH · EuropeRated Caution overall, but High for company formation. The sector view matters here.
financial secrecy supplied at scale, no fully public ownership register
a mature supervisory regime
standard trade-finance exposure
no elevated property exposure
charity supervision stronger than the general regime
a clear licensing framework for exchanges
2 levels apart. The control that answers the risk is different at each end, which is why one rating cannot serve every business.
The Basel AML Index places Switzerland 133rd riskiest of 177 at 4.47, against a global average of 5.28. Switzerland is rated Caution at base, which is the view a payment services provider would take.
The rating is not the same for every business. For company formation it reads High, because of financial secrecy supplied at scale. For charity and NGO work it reads Clear, because of charity supervision stronger than the general regime. One number cannot carry both, which is why the sector view exists.
Verify ownership from a primary source rather than assuming it, and treat any gap in the record as a question to resolve rather than a formality.
- Basel AML Index 2025, 4.47, ranked 133 of 177.
- Corruption Perceptions Index 2025, Score 80.
- Global Terrorism Index 2026, Score 1.265.
- Financial Secrecy Index 2026, Ranked 2 worldwide.