Does the LDF detract from Liechtenstein?

No, on the contrary. Due to the fact that Liechtenstein has taken a bold step forward and made clear what the strategy is, the credibility and image of Liechtenstein is improving, particularly in the UK. This is a significant benefit when recommending tax neutral and legitimate succession planning and asset protection structures to clients. Having a family office or trusteeship and administration managed from Liechtenstein will no longer be a potentially "questionable", but merely a convenient and professional location for clients who believe that there is an advantage in having this in Liechtenstein. One of the many attractions is Liechtenstein's network with Switzerland and the global banking industry.