FINMA published its Communication 02/2026 on 9 April 2026, focusing on digital fraud risks in the banking and fintech sectors. Against the backdrop of a continuous rise in fraud cases since the end of 2022 and the rapid development of digital technologies and artificial intelligence, the regulator sets out its expectations regarding governance, risk management and detection frameworks. The communication highlights recurring shortcomings within institutions, including insufficient governance, inadequately structured controls and limited use of KYC data, and stresses the need to strengthen prevention mechanisms, particularly in relation to online account opening processes and anti-money laundering measures.
Dr Vaïk Müller, Partner and Head of the Banking & Finance Department at CMS Geneva, analyses the implications in an article published in Point de Mire on 29 May 2026.
Read Dr Vaïk Müller’s article on the Point de Mire Magazine website:
(Please note that the article is available in French only.)
