Private Wealth Partner David Wallace Wilson was quoted in STEP's International News Digest on Swiss regulation of trustees.
In the lead article entitled "Switzerland to impose regulation on trustees in 2020", David is quoted on the publication of the final regulatory ordinances pertaining to the regulation of asset managers and trustees in Switzerland. Having lobbied on this topic (as expert and Chair of STEP Geneva), David commented on the exemption for private trust companies and for single family offices as well as the educational requirements.
STEP is a global professional body, comprising lawyers, accountants, financial advisors and other practitioners who specialise in family inheritance and succession planning. STEP has 20'000 members are spread over nearly 100 jurisdictions.