The fact that the Hungarian legal system has now at last also recognized the concept of trust has been widely praised.

The Court of Justice of the European Union has issued landmark rulings clarifying that EU asset-freeze sanctions apply to trust structures based on substantive control rather than formal legal title. When a listed person retains practical influence, economic enjoyment, or realistic pathways to benefit from trust assets...

The Austrian Act on the Registry of Beneficial Owners constitutes the legal basis for the implementation of the registry of the beneficial owners of legal entities and trusts in Austria.