Swiss Federal Council opens consultation on draft legislation to combat ML, outlining plans for a BO register and extending AML obligations to consultancy activities – feedback until 30 Jan 2026

On 15 October 2025, the Swiss Federal Council initiated a public consultation on draft ordinances implementing the register of beneficial owners and expanding the Anti‑Money Laundering Act to cover certain legal and consultancy services. The consultation period runs until 30 January 2026, enabling stakeholders to provide input on the detailed regulatory framework…