Swiss Wealth Managers Seek Delay on Ownership Register After Liechtenstein Hack
UKPulse Money Desk
Swiss wealth managers are reportedly urging a delay to an ownership register following a cyber security incident in Liechtenstein.
- Swiss wealth managers are calling for a delay to an ownership register.
- The call follows a hack in Liechtenstein.
- Bankers have raised cyber security concerns regarding a list of over 500,000 company owners.
Swiss wealth managers are reportedly advocating for a delay in the implementation of an ownership register. This call comes after a hack occurred in Liechtenstein.
Bankers have also expressed cyber security concerns regarding the proposed list, which is intended to contain the ultimate owners of more than 500,000 companies and other entities.