The Swiss Federal Council has concluded that there is "no sufficient political consensus" for the establishment of a Swiss trust.
Since the entry into force of the Hague Convention on Trusts in 2007, foreign-incorporated trusts have been recognised in Switzerland.
In order for Swiss actors not to have to use a foreign trust, the Swiss parliament instructed the Federal Council to introduce the Swiss trust in the Code of Obligations.
The Federal Council sent a ...
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