Banking and finance in Liechtenstein

Gasser Partner Attorneys at Law

Gasser Partner Attorneys at Law advises a broad range of financial service providers including banks, asset managers and trust funds on issues such as derivatives trading, complex transactions and sustainable finance. The group works alongside the firm’s corporate team on complex fintech mandates, including on crypto funds and the structuring and launch of innovative financial products. Hannes Arnold and Thomas Nigg lead the team, with Arnold praised for his work in ‘complex, multi-disciplinary international mandates,’ and Nigg for his ‘exceptional understanding’ of clients’ needs.’

Practice head(s):

Hannes Arnold; Thomas Nigg

Other key lawyers:

Christina Delia Preiner


‘The team is powerful and very sophisticated. The team of 10 lawyers handling banking & finance topics is really great.  The team moves on the international stage with an impressive sense of security and foresight providing a full range of services in the area of banking & finance.

‘Thomas Nigg is the partner I work with concerning banking and finance matters. He has an impressive legal expertise in this field, is a very sharp lawyer, able to make things happen quickly and smoothly acting with instinctive certainty in negotiations with counterparties and being respected and highly esteemed by them. 

‘The team has extensive experience in various questions of financial regulation. At the same time, there is in-depth knowledge and expertise in certain areas like investment funds.’

‘Dr. Christina Preiner has an outstanding knowledge and overall understanding of the financial regulation. She provides excellent advice and on the spot analysis.’

‘GASSER PARTNER is clearly a leader in the field of banking & finance in Liechtenstein. The extraordinary team is the official ISDA Counsel for Liechtenstein concerning opinions about netting, collateral and CM Reliance.  The practice offers excellent quality.

‘Hannes Arnold has outstanding legal skills. He is a very constructive interlocutor, always calm, reflective and absolutely results-oriented. He is a quick thinker and transmits reassurance with strong and concise arguments.

Schurti Partners Attorneys at Law Ltd

Schurti Partners Attorneys at Law Ltd is active across the financial spectrum with a notable area of expertise being cross-border transactions and cross-border insolvency matters.  Corporate lending, asset finance and leveraged finance are other areas of strength for ‘one of the strongest teams in the area of banking and finance for several years‘. ‘Regulatory expertAlexander Appel heads the unit alongside Moritz Blasy, who regularly represents clients before the Financial Market Authority. Clients include banks, life insurance companies and fintech enterprises.

Practice head(s):

Alexander Appel; Moritz Blasy

Other key lawyers:

Andreas Schurti; Nicolai Binkert


‘Very diligent lawyers who are more pragmatic than other law firms.’

‘Alexander Appel is responsive and diligent: a great regulatory expert’

‘We regularly advise clients on multi-jurisdictional surveys of private wealth regulations. Schurti Partners is our main firm in Liechtenstein, and I have always been delighted by their thorough and thoughtful advice.’

‘Very responsive, high quality work products and a commercial, pragmatic mindset.’

‘Alexander Appel is a pleasure to work with.’

‘Schurti Partners has been one of the strongest teams in the area of banking and finance for several years. They regularly advise financial intermediaries and, in particular, recently advised on the complete wind down of a Liechtenstein bank. Schurti Partner has one of the largest local teams and is capable of handling large transactions.’

Work highlights

  • Acted as local counsel for the agent a syndicate of banks in relation to the refinancing of a loan for a prominent property in London.
  • Advising a large Liechtensteiner foundation which acts as a holding entity for an international group of companies of significant market value.
  • Advised the borrowers under an English law governed facility agreement in relation to the accession by a Liechtenstein subsidiary to the facility agreement as additional guarantor and the provision of security by that Liechtenstein subsidiary.


Headed by co-founder Martin Batliner, BATLINER WANGER BATLINER Rechtsanwälte AG acts for a wide range of international and domestic financial institutions on the formation of banks and other financial intermediaries as well as restructurings and insolvency proceedings. The team is also active for borrowers as well as lenders in international lending transactions, structured financing and security matters. In addition, Ralph Wanger leads on fintech matters in areas including ICOs, electronic currencies and digital payment systems.

Practice head(s):

Martin Batliner

Other key lawyers:

Ralph Wanger

Key clients

Gable Insurance

Work highlights

  • Acting as the trustee in the bankruptcy proceedings of Gable Insurance AG, which operated in 11 countries.
  • Advising for various clients in relation to numerous initial coin offering projects and blockchain projects, including advising on the possibility of tokens being listed on crypto exchanges.

Niedermüller | Attorneys at Law

Niedermüller | Attorneys at Law advises clients with the setup and licensing of regulated business entities in Liechtenstein as well as on a range of international matters including asset recovery. A notable focus of the firm is the area of digital finance, with the firm advising on the setup of a number of significant blockchain infrastructure projects in Liechtenstein. Matthias Niedermüller has particular expertise in fintech and is also experienced in financial market law. Giuseppina Epicoco  ‘is particularly strong in blockchain regulatory matters.’

Practice head(s):

Matthias Niedermüller, Managing Partner

Other key lawyers:

Giuseppina Epicoco; Nina Tihanyi Meittinger


‘The team is super helpful and professional. They work with latest technology, are always super friendly and supportive on all our requests. Even outside of normal working hours they can always be reached.’

‘Every single person I have worked with at Niedermueller Attorneys is highly professional, extremely helpful and super friendly. No matter what is needed, they are always there to provide support.’

‘ Niedermüller Attorneys has an increasingly strong team in all regulatory matters. Currently, they are advising a large international group on obtaining a Liechtenstein banking license within a short timeframe. We understand that this is the first new banking licence issued in over a decade in Liechtenstein.’

‘Matthias Niedermüller is responsible for leading and developing the entire firm. He is highly efficient, creative and solution driven. Giuseppina Epicoco and Nina Tihanyi Meittinger are both playing an increasingly important role in MIFID regulatory matters. Giuseppina is particularly strong in blockchain regulatory matters.’

‘A very young and energetic team led by Mr Niedermüller.’

‘Matthias Niedermüller is the leading lawyer in Liechtenstein in the field of fintech.’

Key clients

Skale Network

Elrond Network

holoride GmbH and holoride AG

Banking Circle S.A.

Fineqia Ltd.

Tradeteq Ltd.

Celestia Network

Cantina Royale AG

advocatio Rechtsanwälte Grabher Dür

advocatio Rechtsanwälte Grabher Dür advises national and international clients on compliance and regulatory matters, data protection law and corporate law, with mandates including the drafting of banking contracts and support of fintech start-ups based on blockchain technology. In contentious matters, the firm represents clients in proceedings such as damage and malpractice claims against company directors, board members and trustees. The ‘astute and rhetorically strong’ practice head Johannes Dür has particular experience in the fields of asset management, investment funds and insurance policies as asset management vehicles.

Practice head(s):

Johannes Dür


‘High-performing and dedicated team; client-centred approach with exceptional availability; very focused, structured and fast with a thorough approach to work.

‘Very professional, efficient and precise.’

‘Johannes Dür is an excellent lawyer with a very high level of competence. He is astute and rhetorically strong.’

Work highlights

  • Advised a high-net-worth individual in relation to succession planning and real estate transactions in Austria.
  • Advised a financial intermediary concerning regulatory requirements, delegation of functions within the group and prepared the relevant contracts.
  • Advised a foreign individual on her rights as the beneficiary of a Liechtenstein foundation and on foundation governance issues.

Müller & Partner Rechtsanwälte

Müller & Partner Rechtsanwälte offers expertise across the banking and insurance sector issues, assisting foreign clients with international matters including the recovery of assets and the establishment of financial subsidiaries in Liechtenstein. Headed by experienced litigators Wolfgang Müller, Roland Müller, Robert Neudorfer, Egon Hug and Martin Zech, the firm represents clients including banks, insurance companies, and financial services institutions.

Practice head(s):

Wolfgang Müller; Roland Müller; Robert Neudorfer; Egon Hug; Martin Zech

NÄGELE Attorneys at Law LLC

The ‘responsive and tech-savvy team‘ at NÄGELE Attorneys at Law LLC is known for its wide-ranging expertise in the field of blockchain and ‘excellent long-term knowledge of crypto regulation‘. The group is led by Thomas Nägele, who is praised for his ‘one-of-a-kind insights and corporate trust in the world of digital assets‘, noted for his expertise in securities, and supervisory law specialist Johannes Virleitner.

Practice head(s):

Thomas Nägele; Johannes Virleitner

Other key lawyers:

Christian Inmann; Markus Stelzl; Ursula Wegstein


‘The firm is easy to communicate with, provides help where it’s needed, and the partners are very professional.’

‘A young, talented team.  The firm is always looking out for new, innovative ways to help the practice, clients and partners.’

‘Excellent long-term knowledge of crypto regulation, even having co-authored the Liechtenstein regulation. The team is entrepreneurial and its tech experience helps a lot.’

‘NÄGELE is globally unique in its expertise and competence in dealing with our digital asset project. They provide clarity and certainty in ways that many legal teams cannot.’

‘Thomas Nägele offers one-of-a-kind insights and corporate trust in the world of digital assets, and his team including Christian Inmann provided an incredibly high level of consultation and helped with problem solving in unique situations on many occasions.

‘We were not experienced in founding companies in Liechtenstein or the EU in general, and the team was always extremely insightful on the best way to successfully establish our project.’

‘Nägele Attorneys at Law LLC is the first and best firm on issues relating to decentralised technologies such as blockchain, banking and capital markets law, as well as corporate law. Nägele Attorneys at Law LLC has a highly qualified, motivated and service-oriented team. I am not aware of any law firm in Liechtenstein that is so innovative and that can adapt so quickly to the constantly changing and growing legal environment.’

‘Dr Thomas Nägele is an absolute luminary, especially in the fields of blockchain, banking and capital markets law. Nägele informs and advises fairly and transparently, without pursuing its own interests. Communication is clear, open, friendly and comprehensible. I have also had the opportunity to participate in various workshops in the field of decentralised technologies.’

Key clients

Bitcoin Suisse

BTSE Holdings Limited

Bank Frick & Co. AG

Verwaltungs- und Privat-Bank AG

VNX Commodities AG

Getzner, Mutter & Cie. Ges. m.b.H. & Co. KG

CLL Compliance Labs AG

Euro Treuhand AG

actus ag

Swappable AG

Unforgeable Labs Genossenschaft

SYYU Living AG

CUT Carbon Distributed Technologies AG

Tenere Invest AG

Golden Share Company AG

Timm Zahl

Work highlights

  • Advised Verwaltungs- und Privat-Bank AG on the tokenisation of collectibles and art based on the blockchain act.
  • Advised VNX Commodities AG on blockchain-based applications for enabling commodity tokenisation and trading.
  • Advised on the establishment of Bitcoin Suisse Liechtenstein’s payment gateway with the Financial Market Authority in Liechtenstein.

Rechtsanwaltskanzlei Bergt und Partner AG

Led by the ‘articulate, knowledgeable and effective’ Josef Bergt, Rechtsanwaltskanzlei Bergt und Partner AG is praised for its ‘broad experience in technologies such as crypto and blockchain’ which has helped establish the practice as a key destination for players from the fintech sector. The team’s expertise in regulatory matters has seen them regularly representing clients in front of the Financial Market Authority, assisting with issues such as the obtaining of e-money licenses or registration as crypto payment acquirers.

Practice head(s):

Josef Bergt

Other key lawyers:

Peter Bergt


‘Josef Bergt is a specialist in Liechtenstein and European corporate, banking and financial market law and has an extensive expertise regarding the regulatory framework of financial markets, in particular with regard to sharing economy models and disruptive technologies.’

‘Whenever I have had an issue, Josef Bergt made an extra effort to give me knowledgeable answers that have helped me to grow my business.’

‘Young, up to speed with the rapidly moving market, flexible and fast. I’ve worked with a lot of lawyers throughout the world and really do appreciate the services provided here.’

‘The firm has a broad experience in technologies such as crypto and blockchain. It’s a young dynamic team with focus on the future. Competence, experience, a great network of experts and a high level of knowledge provides the perfect blend for success.’

‘The law firm Bergt is outstanding in finding sophisticated and customer-tailored business solutions. Integrity is the foundation for everything this company does. Each member of the team contributes their fair share of the workload and fully understands what their responsibilities are. 

‘Dr. Josef Bergt as well as his team were extremely helpful in resolving a very difficult and sensitive business situation. He was looking out for the client’s best interest, and he earned respect and trust. This individual essentially works as the glue holding the team together and should be responsible for setting the pace, offering encouragement and motivation, and keeping all members of the team up to date. 

Key clients

Intrace AG

Netvision AG

STG Trust reg.


RaceCoin AG

Work highlights

  • Advise and representation of a large international crypto exchange in a cybercrime case where a virtual asset service provider got hacked.