Fidinam Group Blog

Transparency Act (TJPG): What companies should know and prepare for now

Written by Fidinam News | 22/06/26

With the new Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners (TJPG), Switzerland is significantly strengthening its corporate transparency requirements. After the Swiss Parliament adopted the law in September 2025, the Federal Council decided on 12 June 2026 to bring the TJPG and its implementing ordinance (TJPV) into force on 1 October 2026. 

For many companies, this will result in new reporting, documentation and due diligence obligations. Early preparation is therefore highly recommended. 

What is the purpose of the TJPG? 

The new law aims to ensure that competent authorities can quickly and reliably identify the beneficial owners of legal entities. These are the natural persons who ultimately control a company or benefit economically from it. 

To achieve this objective, a central Transparency Register will be established and maintained by the Federal Office of Justice (FOJ). The register is intended to strengthen efforts to combat money laundering, terrorist financing and other forms of financial crime. 

 

Which companies are affected?

The TJPG applies to a large number of legal entities in Switzerland. Affected entities will be required to identify their beneficial owners and document the relevant information. 

This includes, in particular:

  •  Identity of the beneficial owner  
  •  Nature of the ownership or control  
  •  Extent of the ownership or control  
  •  Supporting documentation used to verify the information  

    Companies must verify this information with appropriate diligence and keep it up to date. 



Reporting to the Transparency Register

The collected information must be reported to the new Transparency Register. Once the law enters into force on 1 October 2026, the statutory transitional periods for registration will begin. 

The register is currently under development and is not yet available online. In the future, filings will be made through the relevant application on the EasyGov platform. 

 

What can companies do today? 

Although the register is not yet operational, companies can already take several preparatory steps: 

  1. Review the share register 
    Companies should verify that their share register is complete and up to date.

  2. Update the register of beneficial owners 
    Where applicable, existing registers maintained under Articles 697j–697l of the Swiss Code of Obligations should be reviewed and updated.

  3. Analyse ownership and control structures 
    Companies with complex ownership structures, holding arrangements or international group structures should assess who qualifies as a beneficial owner under the new rules.

  4. Create an EasyGov account 
    Companies can already set up an account on EasyGov, which will later provide access to the Transparency Register filing application. 


 

Why early preparation matters 

The new transparency regime introduces not only additional administrative obligations but also legal and organisational challenges. The more complex a company's ownership and control structure, the more important early preparation becomes. 

By reviewing their records and documentation now, companies can reduce future implementation efforts and identify potential gaps in advance. 

 

Conclusion

With the entry into force of the TJPG on 1 October 2026, a new era of corporate transparency begins in Switzerland. Affected companies should use the remaining time to review their ownership structures, update their records and prepare for the new regulatory requirements. 

We would be pleased to support you in assessing your situation and implementing the new legal requirements.