Switzerland’s Financial Institutions Urged to Boost Compliance
Stricter Standards and Growing Demands
Swiss financial institutions are facing increasingly complex compliance requirements as customers demand a better customer experience. Banks and other financial services organizations must build or improve critical capabilities such as:
- Reliable controls
- Repeatable processes
- Improved customer interaction
- Cost savings through optimization and automation
- Enhanced transparency
Challenges in Fighting Financial Crime
Despite growing demands, most Swiss financial institutions still face significant challenges in controlling the operational side of fighting financial crime.
Expert Guidance from EY
As a global leader in anti-money laundering (AML) and know-your-customer (KYC) services with extensive experience in tax transformation, EY offers a comprehensive suite of integrated services to address the unique needs of Swiss financial institutions. Our team of experts brings together:
- Technical expertise
- Delivery expertise
- A vast network of subject-matter resources
EY’s Expertise and Services
Comprehensive Suite of Integrated Services
EY has a proven track record of leading financial crime transformation and remediation programs at seven of the world’s top 10 financial services organizations and over 20 regional institutions.
Key Areas of Expertise:
- Anti-money laundering (AML)
- Know-your-customer (KYC)
- Tax transformation
- Financial Crime operations platform
Benefits of Partnering with EY
By partnering with EY, Swiss financial institutions can benefit from:
- Industry experience and credibility
- Advanced offerings that enable them to disrupt financial crime more quickly, effectively, and cost-efficiently
- Insights and connections across jurisdictions through our global regulatory network of 3,600 professionals
- Dedicated Tax Transformation team of over 900 experts who help clients identify sustainable tax function improvements