IFLR: Switzerland restricts bearer shares

In this article of the IFLR, Mark Meili and Manuel Vogler outline the effects of the new Swiss rules on the disclosure of beneficial owners and the related restrictions on Swiss bearer shares. The authors explain what steps companies and holders of shares, in particular bearer shares, need to take by a certain deadline in order to comply with the new rules, and what sanctions may be expected in cases of noncompliance.