Swiss made quality.
Switzerland is a well-known banking hub. Billions of private and corporate funds are placed within its well-established banking system. For the above reasons these funds are often held in trusts.
Switzerland does not yet have its domestic Trust Law, but recognised trusts with the ratification of The Hague Convention on the Law Applicable to Trusts (1985).
Whilst there is no domestic law governing trusts in Switzerland, trusts from other jurisdictions, and their specific rules, are recognised and can be administered in Switzerland.