# AMLR Art. 66 — Nominee obligations > The TJPG has been in force since 1 October 2026. See [[Effective-dates timeline]]. - **Part of:** [[AMLR]] - **FATF keying:** [[FATF R.24 - Transparency and beneficial ownership of legal persons|FATF R.24]] - **Swiss provisions:** [[TJPG Art. 13 - Shareholder duty to notify where|TJPG Art. 13]], [[TJPG Art. 14 - Duty of BOs and affected|TJPG Art. 14]] - **Detailed citation:** TJPG Art. 13, 14 (no dedicated nominee regime) ## What it requires Nominee shareholders and nominee directors of a legal entity must maintain adequate, accurate and up-to-date information on the identity of their nominator and the nominator's beneficial owners, and disclose that information and their own nominee status to the legal entity. The legal entity reports that information to the central register and, separately, to obliged entities carrying out customer due diligence. ## Swiss position The TJPG has no provision defining or regulating nominee shareholders or nominee directors as such. The closest applicable duties are generic: TJPG Art. 13 requires any shareholder or partner holding a controlling stake — whether or not acting as a nominee — to report the beneficial owner to the company (name, date of birth, nationality, address/state of residence, nature and extent of control) within one month of control arising, to supply supporting evidence on request, and to report changes within one month. TJPG Art. 14 requires a person who acquires beneficial-owner status to report to that shareholder, or directly to the company where control runs through a chain, within one month, and to cooperate in verifying identity and beneficial-owner status. ## Key divergences AMLR Art. 66 creates a nominee-specific regime: it names nominee shareholders and nominee directors as a category, requires them to disclose their own nominee status (not only the nominator's identity), and routes that disclosure to the legal entity and, via the entity, to the central register and to obliged entities. TJPG Art. 13 and 14 contain no concept of 'nominee' or of disclosing a nominee capacity; they impose reporting duties on whoever in fact holds a controlling stake or beneficial-owner status, on the same terms regardless of whether that person holds the position on another's behalf. A nominee arrangement under Swiss law is therefore captured only indirectly, if the true beneficial owner is separately identified and reported under Art. 13 or Art. 14 — there is no obligation on the nominee, as such, to flag that a nominee relationship exists. ## Effective dates The TJPG has been in force since 1 October 2026. See [[Effective-dates timeline]]. ## Authoritative text > [!quote]- Regulation (EU) 2024/1624 (AMLR), Article 66 — English text (EUR-Lex, CELEX 32024R1624) > **Article 66** > *Nominee obligations* > Nominee shareholders and nominee directors of a legal entity shall maintain adequate, accurate and up-to-date information on the identity of their nominator and the nominator’s beneficial owners and disclose them, as well as their status, to the legal entity. Legal entities shall report that information to the central register. > Legal entities shall also report the information referred to in the first paragraph to obliged entities when the obliged entities are applying customer due diligence measures in accordance with Chapter III. ## Sources - AMLR Art. 66 — CELEX 32024R1624 - TJPG BBl 2025 2900, Art. 13 - TJPG BBl 2025 2900, Art. 14