Abstract
Abstract In many respects, Swiss foundations are truly unique, also in terms of governance. Unlike other legal entities that are subject to external control by governmental bodies due to their specific activities (eg financial market regulation and supervision), Swiss foundations—with the exemption of ecclesiastical and family foundations—are supervised irrespective of the specific nature of their activities. This creates a special relationship between the supervised and the supervisor. However, problems occur when foundations find themselves exposed to supervisory actions they consider unjustified. Against this background, this article examines the instruments and the effectiveness of legal protection available to Swiss foundations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
