ARTICLE · 15 OCTOBER 2026
Exempt Or Subject? Single Family Offices Under The New Transparency Rules
On 1 October 2026, Switzerland's Federal Act on the Transparency of Legal Entities (TJPG) and new Anti-Money Laundering Act (AMLA) obligations for advisers enter into force, raising critical questions for single family offices about which companies, activities, and responsible persons are covered. With the Swiss SFO landscape representing approximately CHF 785 billion in family wealth across an estimated 300 organizations, understanding exemptions, registration requirements, and compliance deadlines
SwitzerlandWealth Management
On 1 October 2026, the Federal Act on the Transparency of Legal Entities (TJPG) and the new obligations for advisers under the Anti-Money Laundering Act (AMLA) enter into force. For single family offices, the decisive question now is which company, which activity and which responsible person is covered. A documented legal assessment and, where possible, a formal ruling by the authorities provide a sound basis for decision-making.1
The economic significance is considerable: the University of St. Gallen (HSG) estimates the Swiss SFO landscape at around 300 organisations, with associated family wealth, including businesses, of CHF 785 billion. 41 per cent of the 82 SFOs surveyed represent family wealth of more than one billion francs.2
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