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INSIGHT: US pressure forces Liechtenstein to consider tighter controls of Russia-linked trusts 

Premium May 30, 2025

A sign of the Principality of Liechtenstein is seen in front of the Vaduz Castle in Vaduz, Liechtenstein, March 3, 2025. REUTERS/Denis Balibouse/File photo

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NEWS: Ukraine accuses Hungary of taking bank employees hostage in money laundering case

By John O’Donnell and Oliver Hirt

LIECHTENSTEIN is examining tightening control of scores of Russian-linked trusts abandoned by their managers under pressure from the US, according to several people familiar with the matter.

The country, one of the world’s smallest and richest, is home to thousands of low-tax trusts, hundreds of which have links to Russians, two of the people with direct knowledge of the matter said, putting it in the crosshairs of Western efforts to sanction Moscow.

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LATEST: Singapore police arrest two directors at Capital Asia Investments, seize $125m in AML probe

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LATEST: Turkey’s Halkbank settles US criminal case over Iran sanctions violations

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NEWS: Ukraine accuses Hungary of taking bank employees hostage in money laundering case

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