Switzerland is actively committed to preserving the integrity of its financial centre. As part of this effort, it engages in the development of global standards against money laundering and terrorist financing and systematically enacts them in its national legislation.
Combating money laundering and terrorist financing is an important foreign policy issue for Switzerland, particularly in regards to its reputation as a financial centre. Switzerland wants to prevent that illicit funds are channeled into the legal economy and that terrorists are able to access funds. It participates in the development of international standards on money laundering and terrorist financing and enacts them consistently. Swiss legislation is one of the world's soundest in this respect.