The Swiss Federal Council has initiated a consultation period in order to assess and adapt existing federal law to DLT-related developments. The consultation draft aims to improve the regulatory framework by increasing legal certainty, removing hurdles for DLT-based applications and limit risks of misuse. The consultation will last until the end of June 2019. Further, in the area of money laundering, the Council intends to amend the Anti-Money Laundering Ordinance as part of the ongoing revision of the Anti-Money Laundering Act. The Council has also asked for clarification as to whether legislation in the area of the prevention of money laundering and terrorist financing should be adapted with regard to crowddonating and crowdsupporting platforms.

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