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Trust Services in Italy: what a trust is, how does it work and why it’s an useful vehicle for sustainable wealth preservation and growth

The trust is an institution of the common law legal system that can regulate a multiplicity of legal and financial relations. The trust has entered the Italian legal system when Italy became a party of the International Convention of The Hague on 1st July 1985, in force in Italy from 1st January 1992. In this regard, the trust has been strengthened by large series of Court decisions on the importance of this legal instrument.

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Compliance Concept Diagram With Related Keywords And Elements

Data protection in the company – correct implementation is crucial

In many cases, data protection in companies is still a subordinate issue. On the one hand, this is due to the fact that companies are not sufficiently informed about what data protection means in a company in detail. On the other hand, it is also because data protection is a rather unpopular and possibly an annoying topic in the company. But not only with the GDPR, companies of all sizes have an obligation to implement extensive processes and guidelines to enable data subjects to have more control over their personal data.

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