Licensing, regulation and evolution of the Swiss trust industry. 12 January 2023
Banca del Ceresio
Via della Posta 7
Marc Blumenfeld, Managing Director of Alithis AG in Zürich
Antoine Amiguet, Partners and Philipp Fischer, Partners, OBERSON ABELS SA in Geneva
Patrick Genazzi, CEO, BRP Bizzozero & Partners SA in Geneva
Licensing, regulation and evolution of the Swiss trust industry.
An overview of the recent changes in the regulation of trustees in Switzerland:
- introduction on the recent changes in the regulation of trustees in Switzerland;
- overview of the licensing/application process and lessons learned from the process;
- practical experience and an overview of 'emergency' scenarios;
- how the regulation of trustees may impact financial intermediaries in their operation with trustees;
- deadlines for the process.
Antoine Amiguet and Philipp Fischer;
The evolution of the Swiss Trust Industry
- what trustees can expect going forward;
- overview of the future of prudential trustee supervision;
- use of private trust companies and dedicated trust companies;
- challenges for foreign trustees who wish to operate in Switzerland.
Outbound cross-border regulatory risk for trustees
Marc Blumenfeld is the founder of Alithis, a Swiss compliance services provider. He is a Swiss attorney who has over 10 years of experience in the wealth planning, trustee and corporate services business working for independent and bank-owned trustees. As a board member and in-house counsel of different organisations, Marc has also gained relevant experience in the non-profit and sports sector.
Antoine Amiguet is a founder of OBERSON ABELS. He has been advising Swiss and non-Swiss financial institutions (in particular banks, securities houses, insurance companies, collective investment schemes, pension funds, trustees and independent asset managers) on Swiss banking and financial regulations for 20 years. He is a frequent speaker at conferences and seminars. He lectures the legal aspects of sustainable finance in the CAS in Sustainable Finance (HEG-Geneva). He is also a member of the Surveillance & Strategic Committee of Sustainable Finance Geneva, the entity that promotes the Geneva financial centre in the field of sustainable finance.
Philipp Fischer is a founder of OBERSON ABELS. He has been advising Swiss and non-Swiss financial institutions (in particular banks, securities houses, insurance companies, collective investment schemes, trustees and independent asset managers) on Swiss banking, financial and data protection regulations for over 15 years. Philipp Fischer is a member of the Executive Committee (Comité directeur) of the CAS Digital Finance Law (University of Geneva), a post-graduate programme dedicated to the legal aspects of the digitalization of the financial industry.
Patrick Genazzi began his caerer after obtaining a Master’s Degree in law, in the regulatory department of a major audit firm. He then worked for six years in an international bank, where he was in charge of compliance for the Trading and Asset Management department and was responsible for the group’s regulatory projects. Patrick is the CEO of BRP Bizzozero & Partners SA. He is in charge of the company’s technological development and specialises in the implementation of FinSA and MiFID projects. He is a member of the Board of BPR Tax SA, a company specialising in cross-border tax issues. Patrick regularly gives public lectures on current regulatory topics, mainly on cross-border regulation, FinSA, MiFID I and IDD. He is also a member of the SFAA Expert Commission in Wealth Management.
16.55 - 17.00 / Registration
17.00 - 18.30 / Talk and questions
Link and presentation will be provided in advance
16.45 - 17.00 / Registration
17.00 - 18.30 / Talk and questions
18.30 - 19.15 / Apéro and networking