Switzerland unveils plans for beneficial ownership register

moneylaundering.com, 14.10.2022 – The Swiss Federal Council disclosed its plans to set up a centralized beneficial ownership register. Martin Hilti, director of Transparency Switzerland, told ACAMS moneylaundering.com about the loopholes and the legal gaps that still have to be closed in order to avoid reputational damage and further reprimandation by the FATF.