New Act on the Transparency of Legal Persons (TLPA): Entry into force on 1 October 2026

Switzerland’s new transparency regime for legal entities and beneficial owners will enter into force on 1 October 2026.

It requires Swiss companies and certain foreign legal entities to identify, verify, document and report their beneficial owners to a new federal Transparency Register. The transition periods are short, and the reform will also have practical implications for banks, financial intermediaries and advisers.

Download the PDF here.