# AMLR Art. 6 — Exemptions for certain financial activities > GwG Art. 2 Abs. 5 has been in force since 1 October 2026. AMLR Art. 6 applies from 10 July 2027. See [[Effective-dates timeline]]. - **Part of:** [[AMLR]] - **FATF keying:** [[FATF R.1 - Assessing risks and applying a risk-based approach|FATF R.1]] - **Swiss provisions:** [[GwG Art. 2 - Scope of application (who is|GwG Art. 2]], [[GwV]] - **Detailed citation:** GwV Art. 7-9 (Berufsmässigkeit); GwG Art. 2 Abs. 5 (rev.) ## What it requires AMLR Art. 6 lets Member States exempt persons carrying out listed financial activities (Annex I points 2-12, 14, 15 to Directive 2013/36/EU), excluding money remittance, from the Regulation where conducted on an occasional or very limited basis and posing little ML/TF risk, subject to cumulative criteria: limited in absolute and per-transaction terms (cap at most EUR 1,000 per transaction), not the person's main activity, ancillary to it, and offered only to that main activity's own customers. ## Swiss position GwG Art. 2 lists who is bound as a financial intermediary; Abs. 4 excludes certain bodies (e.g. the SNB). GwV Art. 7 (Allgemeine Kriterien) supplies the operative gate: an activity is 'berufsmässig' - and so within GwG Art. 2 Abs. 3 at all - if the person earns gross revenue over CHF 50 000 per calendar year (Bst. a); takes on more than 20 counterparties per year in relationships not limited to a one-off transaction, or maintains at least 20 such relationships (Bst. b); holds unlimited power of disposal over third-party assets exceeding CHF 5 million at any time (Bst. c); or carries out transactions totalling more than CHF 2 million per calendar year (Bst. d). Credit business (GwV Art. 8) and money or value transfer (GwV Art. 9) follow their own rules. Separately, new GwG Art. 2 Abs. 5 (1.10.2026) lets the Federal Council exempt further adviser activities (Abs. 3bis-3ter) by ordinance. ## Key divergences AMLR Art. 6 is a discretionary, Member-State-granted exemption relieving an activity that remains in scope, gated by low absolute/per-transaction ceilings (EUR 1,000 per transaction) and qualitative criteria (ancillary, same-customer-base, not the main business). GwV Art. 7 works differently: it sets the quantitative floor for 'professional' activity under GwG Art. 2 Abs. 3, so a person below the applicable thresholds is never brought within the financial-intermediary definition in the first place, rather than being carved out of an otherwise-applicable regime by state discretion. New GwG Art. 2 Abs. 5 is narrower still, reaching only adviser activities under Abs. 3bis-3ter by ordinance, not financial intermediation generally. ## Effective dates GwG Art. 2 Abs. 5 has been in force since 1 October 2026. AMLR Art. 6 applies from 10 July 2027. See [[Effective-dates timeline]]. ## Authoritative text > [!quote]- Regulation (EU) 2024/1624 (AMLR), Article 6 — English text (EUR-Lex, CELEX 32024R1624) > **Article 6** > *Exemptions for certain financial activities* > 1. With the exception of persons engaged in the activity of money remittance as defined in Article 4, point (22), of Directive (EU) 2015/2366, Member States may decide to exempt legal or natural persons that engage in a financial activity as listed in Annex I, points (2) to (12), (14) and (15), to Directive 2013/36/EU on an occasional or very limited basis where there is little risk of money laundering or terrorist financing from the requirements set out in this Regulation, provided that all of the following criteria are met: > (a) the financial activity is limited in absolute terms; > (b) the financial activity is limited on a transaction basis; > (c) the financial activity is not the main activity of such persons; > (d) the financial activity is ancillary and directly related to the main activity of such persons; > (e) the main activity of such persons is not an activity referred to in Article 3, point (3)(a) to (d) or (g) of this Regulation; > (f) the financial activity is provided only to the customers of the main activity of such persons and is not generally offered to the public. > 2. For the purposes of paragraph 1, point (a), Member States shall require that the total turnover of the financial activity does not exceed a threshold which shall be sufficiently low. That threshold shall be established at national level, depending on the type of financial activity. > 3. For the purposes of paragraph 1, point (b), Member States shall apply a maximum threshold per customer and per single transaction, whether the transaction is carried out in a single operation or through linked transactions. That maximum threshold shall be established at national level, depending on the type of financial activity. It shall be sufficiently low in order to ensure that the types of transactions in question are an impractical and inefficient method for money laundering or terrorist financing, and shall not exceed EUR 1 000 or the equivalent in national currency, irrespective of the means of payment. > 4. For the purposes of paragraph 1, point (c), Member States shall require that the turnover of the financial activity does not exceed 5 % of the total turnover of the natural or legal person concerned. > 5. In assessing the risk of money laundering or terrorist financing for the purposes of this Article, Member States shall pay particular attention to any financial activity which is considered to be particularly likely, by its nature, to be used or abused for the purposes of money laundering or terrorist financing. > 6. Member States shall establish risk-based monitoring activities or take other adequate measures to ensure that the exemptions granted pursuant to this Article are not abused. ## Sources - AMLR Art. 6 — CELEX 32024R1624 - GwG SR 955.0, Art. 2 - GwV SR 955.01, Art. 7 (Allgemeine Kriterien) - GwG (rev. BBl 2025 2899, in force 1.10.2026), Art. 2 Abs. 5