Nearly 500,000 Swiss companies would be subject to new beneficial-ownership registration requirements
By Phoebe Seers ( August 30, 2023, 16:37 GMT | Insight) -- Nearly half a million Swiss companies would be required to register details of their ownership structures under a draft law set out today. In a major boost for transparency, Switzerland has promised to clamp down on money laundering and to bring customer due-diligence obligations for lawyers and other advisors in line with international standards.Nearly half a million Swiss companies would be required to register details of their ownership structures under a draft law set out today....
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