Source link : https://europ.info/2025/10/24/liechtenstein-hit-by-russia-linked-zombie-trust-crisis-financial-times/
Liechtenstein is grappling with a burgeoning financial scandal as authorities uncover a sophisticated network of “zombie trusts” linked to Russian entities, according to a report by the Financial Times. The development has raised concerns about the principality’s role as a haven for illicit capital flows and highlights growing international scrutiny over opaque trust structures used to circumvent sanctions and regulatory oversight. This emerging crisis not only threatens Liechtenstein’s reputation as a stable financial center but also underscores the wider challenges faced by small jurisdictions in policing complex cross-border financial schemes.
Liechtenstein Faces Scrutiny Over Russia-Linked Zombie Trust Schemes
Liechtenstein’s financial sector is under intense investigation following revelations about an intricate web of Russia-linked “zombie trusts” operating within its borders. These entities, often dormant yet legally intact, have been exploited to channel illicit funds, evade sanctions, and obscure financial trails. Authorities in the principality are now collaborating with international regulators to sift through these shadowy arrangements, aiming to dismantle networks that have inadvertently made Liechtenstein a hotspot for sanction circumvention.
Key aspects of the crisis include:
- Multiple trusts showing no active management but holding substantial assets linked to sanctioned Russian individuals.
- Increased scrutiny from financial watchdogs…
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Author : EURO-NEWS
Publish date : 2025-10-24 15:55:00
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