Switzerland Trust in the system: The trust arena is on the brink of change in Switzerland, with a new Bill waiting for parliamentary approval |
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Authors: | Noseda Filippo |
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Institution: | Correspondence: Email: fillipo.noseda@withersworldwide.com |
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Abstract: | The final version of the Swiss government's Bill on trusts,released on 5 December 2005, was approved by the Upper Housewithout reservations on 23 March 2006. The message sent out by the chairman of the reporting commissionwas clear: Switzerland] has to ensure that it does notfall behind its competitors in the Anglo-Saxon part of the worldand Singapore. What happened with investment funds should nothappen again. The Upper House agreed. |
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