Kommentar: Einziehung-Organisiertes Verbrechten-Geldwascherei Band II

The work on ?confiscation-organized crime-money laundering? according to the law of Switzerland had been unfinished since 1998 when its first volume was published. The second volume presented here is divided into three major parts. It contains (1) an analysis of Art.305ter of the Swiss Criminal Code (lack of care in financial transactions and right to notify state agencies) by Schmid, (2) a discussion on international legal and administrative assistance by Bernasconi, and finally (3) a commentary of the Swiss Moeny Laundering Act (GwG) of 1997 by de Capitani. Since the book discusses practical aspects in a very detailed manner and also gives guidelines, its main purpose is to assist professionals working for state agencies as well as financial institutions in their dat-to-day dealings with money laundering. The scholarly nature of the work makes it useful for lecturers and students alike. Art. 305ter of the Swiss Criminal Code entered into force in 1990 as part of the first ?package of measures against organized crime.? This provision makes if a crime for financial intermediaries who don?t act with proper care in determining the identity of the true beneficiary of a financial transaction. It also gives them the obligation to notify state agencies of suspicious transactions.