{"id":16525,"date":"2017-10-19T10:43:03","date_gmt":"2017-10-19T09:43:03","guid":{"rendered":"https:\/\/www.fbt-avocats.ch\/7239\/"},"modified":"2020-05-14T17:02:09","modified_gmt":"2020-05-14T16:02:09","slug":"7239","status":"publish","type":"post","link":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/","title":{"rendered":"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_full-9497bbf8bff73ea4c6992cc17fa9ec36\">\n.flex_column.av-av_one_full-9497bbf8bff73ea4c6992cc17fa9ec36{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-av_one_full-9497bbf8bff73ea4c6992cc17fa9ec36 av_one_full  avia-builder-el-0  avia-builder-el-no-sibling  first flex_column_div av-zero-column-padding  '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-71c813ae951213a414e8e127052bfe38\">\n#top .av-special-heading.av-av_heading-71c813ae951213a414e8e127052bfe38{\npadding-bottom:10px;\nfont-size:26px;\n}\nbody .av-special-heading.av-av_heading-71c813ae951213a414e8e127052bfe38 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n#top #wrap_all .av-special-heading.av-av_heading-71c813ae951213a414e8e127052bfe38 .av-special-heading-tag{\nfont-size:26px;\n}\n.av-special-heading.av-av_heading-71c813ae951213a414e8e127052bfe38 .av-subheading{\nfont-size:15px;\n}\n\n@media only screen and (min-width: 480px) and (max-width: 767px){ \n#top #wrap_all .av-special-heading.av-av_heading-71c813ae951213a414e8e127052bfe38 .av-special-heading-tag{\nfont-size:0.8em;\n}\n}\n\n@media only screen and (max-width: 479px){ \n#top #wrap_all .av-special-heading.av-av_heading-71c813ae951213a414e8e127052bfe38 .av-special-heading-tag{\nfont-size:0.8em;\n}\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-71c813ae951213a414e8e127052bfe38 av-special-heading-h1 blockquote modern-quote  avia-builder-el-1  el_before_av_hr  avia-builder-el-first  av-inherit-size'><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act<\/h1><div class='av-subheading av-subheading_below'><p>GesKR &#8211; 3\/2017<br \/>\nFabianne de Vos Burchart<\/p>\n<\/div><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-a7bfac8b270289d974036c90ec0c7caf\">\n#top .hr.hr-invisible.av-av_hr-a7bfac8b270289d974036c90ec0c7caf{\nheight:20px;\n}\n<\/style>\n<div  class='hr av-av_hr-a7bfac8b270289d974036c90ec0c7caf hr-invisible  avia-builder-el-2  el_after_av_heading  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-396ddf1f42196ca838231e61a4602801 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><div style=\"text-align: left;\"><strong>The Swiss authorities engaged in an ambitious enterprise when they included trustees in the (Draft) Financial Institutions Act.<\/strong> In effect, they undertook to comprehensively regulate and supervise an office centered around an institution not merely unknown under Swiss law, but also governed by underlying principles alien to its legal tradition. The implementation of this regulatory and supervisory framework requires a precise definition of the notion of trustee. The purpose of this article is to explore the definition of a trustee as currently outlined in the (Draft) Financial Institutions Act, reflect on which trust industry actors will require an authorization to carry out their activities in, within or from Switzerland following entry into force of the Act and present the upcoming applicable supervisory framework.<\/div>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-a7bfac8b270289d974036c90ec0c7caf\">\n#top .hr.hr-invisible.av-av_hr-a7bfac8b270289d974036c90ec0c7caf{\nheight:20px;\n}\n<\/style>\n<div  class='hr av-av_hr-a7bfac8b270289d974036c90ec0c7caf hr-invisible  avia-builder-el-4  el_after_av_textblock  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap av-av_button-afbc01f23230ba65fcfcf6b38573c13f-wrap avia-button-left  avia-builder-el-5  el_after_av_hr  avia-builder-el-last '>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_button-afbc01f23230ba65fcfcf6b38573c13f\">\n#top #wrap_all .avia-button.av-av_button-afbc01f23230ba65fcfcf6b38573c13f{\nbackground-color:#44525f;\nborder-color:#44525f;\ncolor:#ffffff;\ntransition:all 0.4s ease-in-out;\n}\n#top #wrap_all .avia-button.av-av_button-afbc01f23230ba65fcfcf6b38573c13f .avia-svg-icon svg:first-child{\nfill:#ffffff;\nstroke:#ffffff;\n}\n<\/style>\n<a href='https:\/\/staging.fbt-avocats.ch\/wp-content\/uploads\/2017\/10\/GesKR-3-2017-F.-De-Vos-Burchart.pdf'  class='avia-button av-av_button-afbc01f23230ba65fcfcf6b38573c13f av-link-btn avia-icon_select-no avia-size-large avia-position-left'  target=\"_blank\"  rel=\"noopener noreferrer\"  aria-label=\"Lire la suite\"><span class='avia_iconbox_title' >Lire la suite<\/span><\/a><\/div><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[458],"datespeciale":[],"class_list":["post-16525","post","type-post","status-publish","format-standard","hentry","category-publications","tag-geskr-32017-en","competences-banking-and-finance","competences-family-estate","auteurs-fbt-avocats","date-publication-2017-en","diffusion-publications-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act | FBT Avocats SA<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.fbt-avocats.ch\/en\/7239\/\" \/>\n<meta property=\"og:site_name\" content=\"FBT Avocats SA\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-19T09:43:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-14T16:02:09+00:00\" \/>\n<meta name=\"author\" content=\"Acey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Acey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/\"},\"author\":{\"name\":\"Acey\",\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/#\\\/schema\\\/person\\\/fc6aec890aeb5ba75401bb59536340fb\"},\"headline\":\"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act\",\"datePublished\":\"2017-10-19T09:43:03+00:00\",\"dateModified\":\"2020-05-14T16:02:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/\"},\"wordCount\":344,\"keywords\":[\"GesKR 3\\\/2017\"],\"articleSection\":[\"Publications\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/\",\"url\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/\",\"name\":\"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act | FBT Avocats SA\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/#website\"},\"datePublished\":\"2017-10-19T09:43:03+00:00\",\"dateModified\":\"2020-05-14T16:02:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/#\\\/schema\\\/person\\\/fc6aec890aeb5ba75401bb59536340fb\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/7239\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/\",\"name\":\"FBT Avocats SA\",\"description\":\"Etudes bas\u00e9es \u00e0 Gen\u00e8ve et Paris\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/staging.fbt-avocats.ch\\\/en\\\/#\\\/schema\\\/person\\\/fc6aec890aeb5ba75401bb59536340fb\",\"name\":\"Acey\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act | FBT Avocats SA","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act","og_url":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/","og_site_name":"FBT Avocats SA","article_published_time":"2017-10-19T09:43:03+00:00","article_modified_time":"2020-05-14T16:02:09+00:00","author":"Acey","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Acey","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/#article","isPartOf":{"@id":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/"},"author":{"name":"Acey","@id":"https:\/\/staging.fbt-avocats.ch\/en\/#\/schema\/person\/fc6aec890aeb5ba75401bb59536340fb"},"headline":"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act","datePublished":"2017-10-19T09:43:03+00:00","dateModified":"2020-05-14T16:02:09+00:00","mainEntityOfPage":{"@id":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/"},"wordCount":344,"keywords":["GesKR 3\/2017"],"articleSection":["Publications"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/","url":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/","name":"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act | FBT Avocats SA","isPartOf":{"@id":"https:\/\/staging.fbt-avocats.ch\/en\/#website"},"datePublished":"2017-10-19T09:43:03+00:00","dateModified":"2020-05-14T16:02:09+00:00","author":{"@id":"https:\/\/staging.fbt-avocats.ch\/en\/#\/schema\/person\/fc6aec890aeb5ba75401bb59536340fb"},"breadcrumb":{"@id":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/staging.fbt-avocats.ch\/en\/7239\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/staging.fbt-avocats.ch\/en\/7239\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/staging.fbt-avocats.ch\/en\/"},{"@type":"ListItem","position":2,"name":"Trustees in Switzerland : The Office of Trustee under the (Draft) Financial Institutions Act"}]},{"@type":"WebSite","@id":"https:\/\/staging.fbt-avocats.ch\/en\/#website","url":"https:\/\/staging.fbt-avocats.ch\/en\/","name":"FBT Avocats SA","description":"Etudes bas\u00e9es \u00e0 Gen\u00e8ve et Paris","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/staging.fbt-avocats.ch\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/staging.fbt-avocats.ch\/en\/#\/schema\/person\/fc6aec890aeb5ba75401bb59536340fb","name":"Acey"}]}},"_links":{"self":[{"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts\/16525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/comments?post=16525"}],"version-history":[{"count":0,"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts\/16525\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/media?parent=16525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/categories?post=16525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/tags?post=16525"},{"taxonomy":"datespeciale","embeddable":true,"href":"https:\/\/staging.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/datespeciale?post=16525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}