Crypto-assets regulation in practice : AML KYC (onboarding, transfers), FinSA, sanctions

June 2, 2026AML, AML/KYC, Crypto-assetsTags:Geneva, OnlineHôtel Président, 9.00-12.30

> Swiss regulatory framework regarding tokens, stablecoins, custody of crypto assets
> Customer acceptance, dealing with crypto wealth, monitoring crypto transfers
> Crypto fraud and ML schemes: specificities, typology, crypto tracing and recovery

SWISS REGULATORY FRAMEWORK

Swiss regulatory framework regarding tokens, stablecoins and custody of crypto assets

Swiss regulatory framework regarding tokens (payment, utility and investment) notably from a Financial Services Act angle,
- How to classify a token type (cf. FINMA ICO Guidelines 2.2018)
- How to analyse stable coins (cf. FINMA Stable Coins Guidelines 9.2019)
Swiss regulatory framework regarding custody of cryptoassets
- Analysis and risk framework within banking insolvency (Banking Act and FINMA Guidance 01/2026 on Custody of cryptobased assets)
- What are the regulatory requirements in case of management of cryptoassets
Extension of the Automatic Exchange of Information in tax matters to cryptoassets under Swiss law
- What are the changes to the regulations (Law and Ordinance on Automatic Exchange)
- When should the changes be implemented and how

ONBOARDING AND TRANSACTION MONITORING

Customer onboarding and name screening

Obligations related to customer acceptance and rejection.
Regulatory requirements for name screening tools, practical advice on selecting and testing your tool.
Onboarding Russian and Belarusian clients: crypto-related sanctions and key control points.

Dealing with clients’ crypto wealth

Wealth sourced from crypto trade, arbitrage, DeFi, etc.: plausibility checks, tax considerations, geographic risks.

Transaction monitoring: focus on crypto transfers

What types of control must be in place?
Various blockchains and multi-chain wallets.
Risk assessment for crypto transactions. Handling «red flags» and risk mitigation.

FRAUD AND MONEY LAUNDERING SCHEMES

Crypto Fraud and Money Laundering Schemes

What’s the difference between crypto-enabled fraud and money laundering and “old school” FIAT schemes?
Typologies of crypto fraud
Money Laundering and crypto
Crypto frauds and AI
What benefits crypto ecosystems give to fraudster
It is possible to investigate crypto- and AI- enabled fraud
What investigators can use to tackle crypto fraud and money laundering
How blockchain works and why it is relevant to investigators
What is a crypto wallet? Is it completely anonymous?
Why nothing can be completely anonymous?
How can investigators pierce the veil of crypto anonymity?

Crypto Tracing

How to trace crypto transactions
Typologies of crypto tracing and recovery firms
Investigative and legal tools for crypto asset recovery
Demonstration of crypto tracing tools available
Why to involve professional investigation firms

SPEAKERS

Eric Favre, Partner Lemania Law, Geneva
Eric Favre is an attorney specialised in regulatory and private law regarding asset management, investment and banking topics. He also advises in all aspects of business law, such as facilities, mergers and acquisitions and general corporate law. Eric holds a Masters in Business Administration of the London Business School, and has notably worked at top tier business law firms and financial institutions.

Yulia Rousseau, Compliance practitioner, Liechtenstein and Luxembourg
Yulia Rousseau is a senior compliance and regulatory professional with experience advising regulated financial institutions on AML/CFT, sanctions, and EU financial regulation, with a focus on digital-asset frameworks. She has worked closely with cross-border businesses and regulators, supporting the design and implementation of governance, risk, and compliance frameworks. Her background combines legal analysis with hands-on regulatory advisory in complex international environments.

Michael Lastovskiy, CFE, CEO and Founder of Neo Forensics, Fraud Investigator, London
Michael Lastovskiy worked for 23 years in preeminent global investigation and accounting firms in UK, US, and Russia, such as Kroll, Big 4 accounting firm, US consulting firm and English law firm. In 2023 Michael founded forensic investigations and business intelligence firm Neo Forensics in London, UK. Neo Forensics services pre-eminent corporate and individual clients, law firms and financial institutions.Michael is a Certified Fraud Examiner, Certified Management Accountant and certified interviewing expert. He specialises in fraud investigation, prevention and detection, asset tracing and asset recovery, business intelligence, due diligence, KYC/AML, forensic accounting, and interviewing. Throughout his career he conducted and managed dozens of investigations and due diligence assignments around the world.