In his latest article for Trusts & Trustees, the leading international journal on trust law and practice and the official journal of the International Academy of Estate and Trust Law, Executive Chairman H.S.H. Prince Michael von und zu Liechtenstein highlights a few key facts that the financial industry and the trust business in particular must bear in mind. Because, in recent years, the financial industry faces demanding challenges concerning transparency as well as regulatory and tax compliance. And it is very worrying to see how this development is shifting the industry's focus away from the clients and their needs.
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