Deputy Head of Government (Deputy Prime Minister) Klaus Tschuetscher of Liechtenstein

at a press conference in the capital of Vaduz.

for the benefit of a foreign state.

Tschuetscher said Berlin was obliged to do so under a justice cooperation pact between Germany and the principality, where prosecutors on Wednesday announced a preliminary investigation against the suspected informant, Heinrich Kieber, "and others.

Under the proposed new regulation, people who set up a foundation would not be identified in the foundation register, though there are other circumstances in which their identities may be made known, Justice Minister Klaus Tschuetscher said at a press conference in Vaduz.

Page 2 of 2)Liechtenstein Justice Minister Klaus Tschuetscher said Wednesday that the practice of allowing foreigners to open trusts in Liechtenstein anonymously by registering them through a local attorney or trustee is in line with international law.

The investigation is a very serious matter because misappropriation of bank data is a crime, Justice Minister Klaus Tschuetscher said in Vaduz.

with Liechtenstein's laws of secrecy on foundations.