Circular 2016
FINMA Circular 2016/7 Video and online identification
Plain-English summary
Sets due diligence requirements for client onboarding via digital channels: video identification, online identification and beneficial-owner declarations. A version adopted on 23 September 2026 takes effect on 1 November 2026 and adds E-ID based online identification.
Who it applies to
Banking · Insurance · Capital Markets · Asset & Wealth Management · Payments & Fintech
Topics
AML / CFT / Sanctions Cybersecurity & IT Risk
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