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Switzerland disclosed plans Wednesday to set up a centralized beneficial-ownership register and indicated that previous proposals to ditch an exemption that shields some attorneys and other professionals from most anti-money laundering rules are back on the table. Federal officials said in a statement that the Finance Ministry must now draft a bill to introduce a database to record the true owners of limited liability companies, foundations and other legal entities domiciled in the Alpine nation by the end of June 2023, as well as rule requiring those parties to update their information at a frequency that depends on the financial...