New regulated solutions in Switzerland – embedding the family office within a dedicated or private trust company  Jessica Schaedler, The International Family Offices Journal (Vol 8  Iss1) Introduction Private trust companies (PTCs) have gained significant popularity as wealth management tools among high-net-worth families worldwide. PTCs are particularly appealing to families with intricate assets as they...Read More

SOUTH AFRICA: NEW REPORTING OBLIGATIONS FOR TRUSTEES In 2021, the Financial Action Task Force (FATF) published its Mutual Evaluation Report on South Africa, summarizing the effectiveness of South Africa’s anti-money laundering and counter-terrorism financing measures. The main shortcomings related to the difficulties in obtaining accurate, updated, and adequate beneficial ownership information about companies and trusts...Read More

PUBLIC ACCESS TO BO REGISTERS – A LOOK BEYOND AND AHEAD In 2022, the Court of Justice of the European Union (CJEU) issued a preliminary judgment ruling that public access to information on beneficial ownership of companies incorporated in EU member states constitutes a “serious interference with the fundamental rights to respect for private life...Read More

Il trust e i comitati di esperti: quando e perché istituirli? di Barbara Demergazzi, Compliance Officer Quando ci si sofferma sui soggetti del trust si pensa al disponente, ai beneficiari, al trustee ed eventualmente al protector. Ma, accanto a questi soggetti, possono coesistere uno o più comitati, con il compito di coadiuvare il trustee su...Read More

The new frontier of transparency in the USA – Trusts in the context of FinCEN’s Final Rule Regardless the steps traditionally taken by the United States of America in order to meet the highest international standards in terms of safeguards designed to prevent the flow of illicit money and contrast illicit activities, including money laundering,...Read More