Switzerland: ordinances

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Title	Abbreviation	SR number	Key provisions for digital assets
Banking Ordinance	BankO; BankV	SR 952.02	Art. 5 (deposits; exclusions), Art. 6 (sandbox exemption), Art. 5a (settlement accounts), Art. 14a ff. (fintech licence requirements).
Financial Institutions Ordinance	FinIO; FINIV	SR 954.11	Art. 19 ff. (portfolio managers and trustees), Art. 23 ff. (organisation), Art. 48 ff. (securities firms).
Financial Services Ordinance	FinSO; FIDLEV	SR 950.11	Art. 3 (financial instruments), Art. 43 ff. (prospectus), Art. 80 ff. (key information document).
Financial Market Infrastructure Ordinance	FinMIO; FinfraV	SR 958.11	Art. 58a ff. (DLT trading facilities), Art. 58f ff. (small DLT trading facilities).
Collective Investment Schemes Ordinance	CISO; KKV	SR 951.311	Art. 126a ff. (L-QIF), Art. 6 ff. (qualified investors).
Anti-Money Laundering Ordinance	AMLO; GwV	SR 955.01	Art. 2 ff. (financial intermediaries; exemptions), Art. 4 (payment services and means of payment), Art. 51a (threshold for exchange transactions).
FINMA Anti-Money Laundering Ordinance	AMLO-FINMA; GwV-FINMA	SR 955.033.0	Art. 10 (information in payment orders; travel rule), Art. 11 (simplified due diligence), Art. 13 ff. (risk categories), Art. 51a (crypto thresholds).
Ordinance on Measures in Connection with the Situation in Ukraine	Ukraine Ordinance; Ukraine-Verordnung	SR 946.231.176.72	Art. 28d (prohibition of crypto wallet, account and custody services for Russian persons), Art. 15 ff. (asset freezes), reporting duties.
Ordinance on the Adaptation of Federal Law to Developments in DLT (DLT Ordinance)	DLT-Verordnung	AS 2021 400	Amending ordinance; implemented the DLT Act in the BankO, FinMIO, AMLO and other ordinances from 1 August 2021.
Ordinance on the International Automatic Exchange of Information in Tax Matters	AEOIO; AIAV	SR 653.11	Implementation of the CRS and, from 2027 at the earliest, the CARF reporting rules for crypto-asset service providers.
Goods Control Ordinance	GCO; GKV	SR 946.202.1	Export control of dual-use items including cryptographic hardware and software; Part F.

For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of October 2026.

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Dr Alexander Ressos, TEP

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I am Of Counsel with KGP Legal LLC in Singapore, where I work with a global client base of successful entrepreneurs and their families, independent asset managers, commodity trading houses and other commercial clients. I am a German and Swiss attorney-at-law, also admitted as a solicitor in England & Wales and in Hong Kong. I divide my time between Zug in Switzerland, Singapore and Hong Kong. Since 2017 I have advised international clients on more than 700 crypto and digital asset projects. I also have extensive experience in cross-border litigation and arbitration in Singapore, Hong Kong and other markets in South-East Asia and Greater China.

I operate across the key financial centres in South-East Asia, the Middle East and Switzerland, with a particular focus on asset protection, international tax and estate planning, as well as trusts, company administration and other fiduciary services. My philosophy is to serve as a trusted advisor working closely with my clients and to help them achieve their commercial objectives.

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SingaporeIQ is edited by Dr Alexander Ressos, an international business lawyer with more than 15 years of local experience in Singapore as a permanent resident, a Singapore registered foreign lawyer and managing partner of a Singapore foreign law practice. In addition to significant experience in cross-border investments and transactions, UHNWI private client work and sanctions/export controls, Dr Ressos has extensive experience in cross-border business and in crypto and digital-asset projects in Singapore, drawn from more than 700 projects since 2017.

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