LAW ALERT: New transparency legislation in Switzerland will reinforce efforts to prevent money laundering

On 1 July 2015, new company law provisions took effect in Switzerland, designed to ensure greater transparency by legal entities, their shareholders and beneficial owners. The regulations apply to private joint-stock companies, limited liability companies and cooperatives, but – in accordance with the Federal Act on Intermediated Securities – it is not applicable to shares … More LAW ALERT: New transparency legislation in Switzerland will reinforce efforts to prevent money laundering