Due diligence
Trust is built on clear, solid foundations. That is why Liechtenstein today is a financial centre with high standards in terms of compliance, transparency and due diligence.
These standards were embodied in law with the Due Diligence Act of 2001 and have been continuously updated ever since, the aim being to protect the financial centre against money laundering, organised crime and terrorist financing.
This means that trust companies, banks and asset managers are subject to a comprehensive set of obligations regarding verification, documentation and identification of contracting parties. The origin, economic background and intended purpose of the assets must be clarified and transparently documented, and ongoing business relationships are also subject to clearly regulated verification and oversight processes.
These standards are not a mere formal addendum, but an integral part of the business culture of a responsible financial centre. Sustainable protection of assets requires discretion – but it also calls for clarity, due diligence and responsibility.
Liechtenstein foundation law enables precise structuring and combines asset protection with clear regulatory standards.
It creates a framework in which the founder’s wishes can be given legally binding effect and remain effective across generations.
The Liechtenstein foundation not only protects assets.
It ensures an orderly, responsible approach in line with the founder’s wishes.
