Liechtenstein Statutory Trust Reforms: The newly enacted statutory trust governance provisions under Articles 897 et seq. PGR have entered into force. The rules introduce heightened registration, internal compliance, and licensing obligations for professional trustees and trust enterprises, while maintaining the structural distinction between foundations (Stiftung) and trusts.
- Source: Review the comparative analysis via Global Law Experts' Liechtenstein Foundation vs Trust Framework.
Swiss Federal Supreme Court Tax Exemption Ruling: In Judgment 9C_697/2024 (published July 2026), the Swiss Federal Supreme Court ruled that a Liechtenstein single-investor fund authorized by FMA Liechtenstein qualifies as a foreign collective investment scheme under Art. 119 CISA, granting full exemption from Swiss turnover tax.
- Source: Access the tax jurisprudence update on Swiss Federal Supreme Court Tax Decisions Overview.
Liechtenstein & Switzerland: New Trust Governance Rules & Collective Investment Scheme Rulings