Swiss wealth managers have called for a postponement in the implementation of a mandated ownership register following a recent cyberattack targeting Liechtenstein’s financial sector. The breach has heightened concerns over data security and privacy, prompting industry leaders to urge regulators to reconsider timelines and reinforce protective measures. As Switzerland prepares to enhance transparency in asset ownership, the incident underscores the complex balance between regulatory compliance and safeguarding sensitive client information.
Swiss Wealth Managers Call for Postponement of Ownership Register Implementation
In the wake of a recent cyberattack on Liechtenstein’s financial infrastructure, Swiss wealth managers are collectively urging regulators to reconsider the timeline for implementing the new ownership register. They argue that such a sensitive initiative requires robust cybersecurity measures, which have been called into question by the breach. The…
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Author : Caleb Wilson
Publish date : 2026-09-23 20:07:00
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