May 2012
This paper has been prepared at the request of the members of the Swiss Association of
Trust Companies “SATC”
White Paper on the Regulation of Trust Companies in Switzerland
The Swiss Association of Trust Companies SATC was formed in 2007 and is a Swiss association including many of Switzerland’s largest trust companies.
SATC sees regulation as one of the main paths to promote the credibility and standing of Swiss trustees and the Swiss ‘trust industry’ in the international wealth management arena.
Since it was formed SATC has been reviewing and developing its stance on regulation. This paper represents the agreed position of the SATC membership.