Fiduciary Services (Switzerland) SA
Dominion Fiduciary Services (Switzerland) SA (“Dominion Switzerland”) is part of the Dominion Group. Dominion Switzerland was established in 2015 through the acquisition of two bank-owned trust companies and has grown to become one of the largest independent providers of trust, corporate and fund services in Switzerland. Dominion Switzerland serves a global client base including sovereign wealth funds, institutional investors, high net worth individuals and ultra-high net worth family offices.
Dominion Switzerland employs 15 staff which are supported by the Dominion’s operational infrastructure, which is based in Jersey, where Dominion is headquartered. Dominion places great importance on its staff being appropriately qualified in all areas of the business. Directors and staff in Switzerland are mostly university graduates who have or are studying for further professional qualifications. Dominion Switzerland also is supported by the Dominion’s accounting, legal, tax and investment staff.
Dominion’s specialist teams in Geneva focus on the administration of sophisticated trust and investment structures, including special purpose vehicles such as DAC.
Dominion’s Geneva office provides a full suite of services including bookkeeping, tax reporting, investment monitoring, and the production of financial statements. Dominion, however, does not provide tax, legal or investment advice and does not receive any revenue from funds held within client structures, ensuring Dominion always serves each client’s best interests on a wholly independent basis.
The Swiss financial services industry, including trustees and corporate administrators, is highly regulated, generally even more so than in the United States. Dominion Switzerland is regulated by SO-FIT (Supervisory Organization for Financial Intermediaries and Trustees), a self-regulatory organization recognized and supervised by the Swiss government body, FINMA (Swiss Financial Market Supervisory Authority).