Statutory book review
A change in trust or foundation law applies differently across the hundreds of structures a single fiduciary administers. The provision can be read once. The operational question is separate, and it is answered structure by structure.
This is not a better reading of the PGR. It is the completion of a regulatory transition across an entire book. The law firms own the interpretation and are welcome to it. Nobody is selling the implementation.
We take the published statutory provisions and apply them consistently across the structures in scope, working from the information the firm already holds. The result is a worklist against the firm's own references, ready to work file by file.
We do not replace the firm's lawyer. We identify where the lawyer is needed. Where a position depends on legal advice or on construing a document, the reading says so and stops.
The chain
How a structure reaches a file note
What the firm receives
- A transition register. One line per structure against your own references: the statutory route, the step, the deadline, any open point, and whether the step is one for counsel.
- Every step in date order, in the form a diary accepts.
- A cited record for each file, stating the facts it was decided on, the provision it rests on, and the version of the rules that produced it.
- An exceptions list. Only the structures where a fact is missing, each naming the one answer that would settle it.
- A reconciliation of the population: supplied, evaluated, determined, outstanding, referred to counsel.
A book of any size sorts into three groups. The register states which group each structure is in and why.
A worked example
The 2026 amendments to the Liechtenstein Persons and Companies Act put existing Treuhänderschaften on different transitional routes with different lead times. Gemeinnützige structures have until 31 December 2026; privatnützige structures until 31 December 2027.
Two points decide much of the sorting. Art. 2 Abs. 7 requires a separate Anzeige to the Amt für Justiz stating which step was taken, within the same period — taking the step does not discharge it. And where the Treugeber has died, lacks capacity or cannot be reached, Abs. 3 sends the amendment to the Landgericht, and for that route the operative date is the application to the court rather than the completion of the amendment.
The sample below is a full register on an illustrative book of twenty-four structures. Every number in it was counted from the same evaluation, and nothing in it was estimated.
What you send
What we need from the firm
An export of the fields the firm already holds, with the identifying columns deleted. Nothing needs typing and nothing needs renaming: we read your column headings as they are.
| Reference | Purpose | Established | Registered | Settlor deceased | Settlor reachable |
|---|---|---|---|---|---|
| T-001 | private | 2014 | yes | no | yes |
| T-002 | private | 2009 | yes | yes | — |
No deeds. No settlor or beneficiary names. No asset values. No identifying column. Where a required fact is not in the export, it is returned as a named open item rather than assumed, and the firm answers it only for the structures it affects.
If it is easier, the heading row alone is enough to begin: we map it against the facts the rules need and report what is covered, before any data changes hands.
Reproducibility
How the results hold up
The evaluation is deterministic and versioned. The same facts against the same rule package reproduce the same register, and each file record carries the package it was produced by, so the routing can be reproduced later rather than reconstructed. Rules are never overwritten: a reading made in 2026 can be re-run in 2031 against the rules as they stood.
Every rule carries its own test cases, and a rule that is an element of another cannot apply where the parent duty does not.
Continuing review
The same book is re-evaluated when the legislation changes, when a fact about a structure changes, when a previously missing fact is supplied, or at the firm's periodic review. The later reading reports what has changed since the last one.
New Way Capital Advisory · Geneva, Switzerland · +41 76 381 47 48 · tnk@newwaycapital.com
New Way Capital Advisory is not a law firm and does not practise law in any jurisdiction. This page describes the application of published legislative provisions for operational compliance purposes. It is not legal or tax advice and it is not an opinion on any structure, settlor, trustee or beneficiary. Anyone acting on a matter described here should take advice qualified in the jurisdiction concerned.