Switzerland strengthens financial integrity: new Transparency Act and central register of beneficial owners, as well as stricter Anti-Money Laundering Act (GwG) rules for advisers
From October 2026, a paradigm shift will come into effect in Switzerland: for the first time, a central transparency register for beneficial owners of legal entities will be established. Companies will be obliged to disclose their ownership and control structures to the authorities. At the same time, advisers – in particular solicitors and notaries – will be subject to the Money Laundering Act when carrying out certain structuring activities. The reforms are primarily intended to strengthen the fight against money laundering and terrorist financing, but they entail significant new compliance obligations for the companies and advisers concerned. What does this mean in practical terms for board members, managing directors and those in advisory professions? And where do the new liability and compliance risks lie? We provide an overview.



