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Learn more about how MarketGuard AML compliance software can assist a European VASP and CASP with blockchain transaction monitoring and Travel Rule

Swiss crypto compliance Solutions / Compliance solutions for digital assets

Switzerland has emerged as a hub for the cryptocurrency industry due to its favorable regulatory environment. Swiss crypto compliance solutions refer to technology-based products or services that enable Swiss virtual asset service providers (VASPs) to comply with the country's regulatory requirements.

Some examples of Swiss crypto compliance solutions include:

  1. Onboarding solutions are software tools that automate and streamline the process of onboarding new clients for VASPs. These solutions typically use advanced technologies such as biometric verification and machine learning to enhance the accuracy and efficiency of the onboarding process.
  2. AML transaction monitoring solutions - this software is designed to perform AML and KYC checks on clients and transactions, including identity verification, sanction screening, and PEP (politically exposed person) checks.
  3. Blockchain transaction monitoring solutions - this software uses advanced algorithms to analyze blockchain transactions and identify suspicious activity, such as money laundering or terrorist financing. It works in real-time and uses risk-based algorithms to detect suspicious activity, such as large or unusual transactions, or those involving high-risk countries or entities.
  4. Regulatory reporting solution - this software automates the reporting process for VASPs, allowing them to generate regulatory reports and submit them to the relevant authorities in a timely and accurate manner.

Overall, these solutions are critical for Swiss VASPs to operate efficiently and securely while complying with Swiss regulatory requirements