Trustees active before 1 January 2020 must apply for the relevant licence from FINMA by the end of this year. In addition to meeting various regulatory requirements, Trustees must prove their affiliation with an SO.
For more information: FINMA
Further countries undertake to identify and sanction Russian assets
3 mars 2022
Various countries are continuing to introduce sanctions against Russia, with the Crown Dependencies, European Union, UK and US all implementing measures. Switzerland has also broken