Following Switzerland’s implementation of the recommendations of the Financial Action Task Force (FATF), you had until April 30, 2021 to comply with the law by converting your bearer shares into registered shares.
If you have not converted your bearer shares by May 1, 2021, you risk losing your dividend and voting rights.
It is therefore essential that you take the necessary steps now to comply with the law by converting your bearer shares into registered shares.
If you have not declared your status as a shareholder by May 1, 2021, you will need to register your status as a shareholder in the company’s share register. There are 3 steps to this:
It is also necessary to take all necessary steps to amend the Articles of Association in order to convert bearer shares into registered shares.