Regulatory Disclosures

Patriot Act Certification

Pursuant to the USA PATRIOT Act and final rules issued by the U.S. Department of the Treasury, a U.S. bank or a U.S. broker-dealer in securities (a 'Covered Financial Institution') is required to obtain certain information from any 'Foreign Bank' that maintains a correspondent account with it.

Certification regarding correspondent accounts for foreign banks [PDF]

General statement on observance of anti-money laundering requirements

Falcon Private Bank is firmly committed to participating in international efforts to combat money laundering and the funding of terrorist and criminal activities.

Falcon Private Bank is a company with its headquarters in Switzerland, Pelikanstrasse 37, 8021 Zurich and as a registered banking institute is supervised by the Swiss Financial Market Supervision Authority (FINMA). In addition, Falcon Private Bank is a member of the Swiss Bankers Association (Schweizerische Bankiervereinigung), which as the Swiss banks' self regulatory body draws up binding codes of conduct which define what constitutes good practice and ethically correct management within the Swiss banking industry.

Switzerland is a member country of the Financial Action Task Force (FATF) and has enacted laws and rules designed to implement the anti-money laundering policies of both FATF and the EU. The goal of these laws is to detect and prevent money laundering and potential terrorist financing.

Falcon Private Bank implements an anti-money laundering (AML) program that is designed to comply with the required anti-money laundering rules as a minimum standard throughout the bank as well as with all local laws, regulations, and guidance relating to the prevention of money laundering, terrorist financing, and related financial crimes. These include written policies and procedures, a designated anti-money laundering officer, regular training for relevant employees, and an independent audit to test the implementation of the program.

As part of its anti-money laundering and anti-terrorist compliance efforts, Falcon Private Bank takes steps to ensure that it complies with any and all applicable embargo regulations. Falcon Private Bank uses its best efforts to ensure compliance with these prohibitions and restrictions and to detect suspicious activities. Depending on the jurisdiction and business line, Falcon Private Bank operates technical systems and/or manual monitoring systems to detect potential suspicious activities. Any such suspicious activities detected are reported to law enforcement in accordance with applicable local laws.

Falcon Private Bank AML Questionnaire 2016 [PDF]

If you have any questions or require additional information regarding Falcon Private Bank anti-money laundering efforts, please contact:

Falcon Private Bank Ltd.
Pelikanstrasse 37
P.O. Box 1376
8021 Zurich, Switzerland

+41 44 227 55 55