TvT Compliance Ltd (TvT) was set up in the beginning of 2001. TvT has two markets. In Switzerland and Liechtenstein TvT advises financial institutions in legal, regulatory and industry-standard issues in the area of due diligence and the fight against money laundering and the financing of terrorism.
Mandated by international organisations TvT advises foreign governments on the set up of structures to fight money laundering and the financing of terrorism.
In 2001 the foundation Institute for Compliance and Quality Management (icqm) was founded in Liechtenstein with the objective to provide training on due diligence obligations. The founders of this foundation were banks, insurance companies and law firms. The foundation organized the trainings itself.
The membership of the foundation was passed in 2004 to six financial industry organizations in Liechtenstein: Liechtenstein Bankers Association, Liechtenstein Institute of Professional Trustees and Fiduciaries, Liechtenstein Insurance Association, Association of independent Asset Managers, Liechtenstein Bar Association, Liechtenstein Auditors Association. From 2004 - mid 2007 the training activities were outsourced by the foundation icqm to the Liechtenstein University of Applied Sciences (today Universiy of Liechtenstein).
As of mid 2007 TvT took over the training activities of icqm for own account and risk.
Mark van Thiel, Proprietor