is an association established on July 5, 2007 and registered in Zug. SATC is the leading organisation to engage in the furtherance and development of trustee activities in Switzerland. It aims to become an association recognised and supported by the Swiss government and other influential bodies, associations and commissions in Switzerland and internationally, assisting in the improvement of the legal basis of the trust business in Switzerland. SATC’s members are corporate members
with operative trust operations in Switzerland.
On the other hand, STEP, the Society of Trust and Estate Practitioners, is the international professional, educational and disciplinary body for individuals working in the Trust industry, its mission is mainly educational in Switzerland, although it has a strong lobbying function out of London and Brussels. Membership of STEP is only available through a test of professional competence.
STEP was instrumental in the establishment of SATC to meet the needs of corporations involved in the Trust industry in Switzerland and the two organisations closely cooperate on trust issues in Switzerland.