Switzerland is launching a central register of beneficial ownership under the Federal Act on the Transparency of Legal Entities (LETA), expected to take effect in the second half of 2026. With compliance deadlines measured in months rather than years, boards, shareholders and trustees face significant personal liability, fines up to CHF 500,000, and even company dissolution for non-compliance. The new regime replaces internal record-keeping with a federal register maintained by the Swiss Federal Office of J
