In order to facilitate the identification of the persons behind a legal structure, the Federal Council has put a bill into consultation. The aim is to combat money laundering and terrorist financing.

The Federal Council has put the draft federal law on the transparency of legal entities and the identification of economic beneficiaries into consultation until 29 November 2023. It was during its session on August 30, 2023. The council believes in increasing transparency by facilitating the identification of the people behind a legal structure, with a view to combating money laundering and terrorist financing.

In order to carry out this fight successfully, the FATF recommends that States create a state register listing the beneficial owners of each legal entity, thereby increasing the degree of transparency and facilitating the identification of individuals who can use these. entities to commit offenses.