For years, government regulators and money-laundering experts have tried to peer behind the wall of secrecy surrounding freeports, the vast tax-free warehouses that house art and other treasures around the world.
Now, the Swiss government is taking action.
The Swiss Federal Council has announced stricter rules for freeports to “better monitor the entry and exit of goods,” and better identify the owners of goods stored in the ports. The announcement was first reported by Artnet,
The rules, which take effect in January, are part of a broader government crackdown on money laundering and illegal financial trades.