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Swiss regulator orders Julius Baer to pay $5m over serious AML violations

Directions (Merging), a new digital artwork by Mohammed Kazem, commissioned by Julius Baer and debuting at Art Dubai is seen on Day 1 of Art Dubai 2025 at Madinat Jumeirah Conference and Events Centre on April 15, 2025 in Dubai, United Arab Emirates.
Digital artwork commissioned by Julius Baer. Photo: Getty Images

This latest action by FINMA serves as a reminder to all financial institutions of the critical importance of adhering to AML regulations and maintaining rigorous due diligence processes.

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