Banking and finance in Liechtenstein


BATLINER WANGER BATLINER Rechtsanwälte AG’s dominant financial services practice sets itself apart through its broad sector focus. The group is also distinguished by its cross-border experience and is routinely engaged by major local and international banks, asset managers, investment service providers, insurers and fintech companies on multi-jurisdictional matters. On the transactional side, the team advises lenders and borrowers on domestic and cross-border financings, while its regulatory expertise spans all aspects of regulatory compliance and supervision. Founding partner Martin Batliner heads the group. Ralph Wanger is noted for fintech.

Practice head(s):

Martin Batliner

Work highlights

  • Acted as the trustee in the multi-jurisdictional bankruptcy of Gable Insurance AG.

Gasser Partner Attorneys at Law

The multi-disciplinary group at Gasser Partner Attorneys at Law continues to raise its profile in the fintech area, with its recent experience spanning venture capital financing, crypto exchanges and initial coin offerings. It also maintains a strong record in the traditional banking and finance areas, including corporate lending, structured finance, investment funds and regulatory issues. Group co-head Hannes Arnold, who is dual-qualified in Austria and Liechtenstein, is recognised for his strength in financial services and restructuring matters. Department co-lead Thomas Nigg and impressive senior associate Pia Summer are also noted.

Practice head(s):

Hannes Arnold; Thomas Nigg


We would not hesitate to approach Gasser Partners for further advice and assistance in future and we would recommend them to others.’

They took the time to explain the intricacies of Liechtenstein law to us, proactively keeping us informed of filing irregularities in their jurisdiction and advising how this would tie in/affect timings of the wider transaction.’

Domenik Vogt (senior associate) and Thomas Nigg (senior partner) were a pleasure to deal with and were always available to respond to emails and queries.’

Marxer & Partner Attorneys-at-Law

As one of the largest firms in the country, Marxer & Partner Attorneys-at-Law houses a comprehensive banking and finance team, which is well equipped to advise on corporate lending, fiduciary services and capital markets. The group routinely acts for domestic and international financial institutions, corporate borrowers and private clients. Key contact Markus Summer, who is qualified to practise in New York, Austria and Liechtenstein, advises on corporate, finance, trusts and foundations law. Associate Sonja Schwaighofer is noted for her focus on regulatory matters in the banking, funds and securities spheres.

Schurti Partners Attorneys at Law Ltd

Schurti Partners Attorneys at Law Ltd  combines a prominent regulatory practice with an active transactional offering to provide far-ranging coverage of banking and financial services matters. The group consistently acts for major local and international banks, insurers, funds and corporations — it also represents private individuals. Among its recent highlights, Moritz Blasy advised a fintech client on the establishment of a token exchange for payment tokens, utility tokens and security tokens. Additional contacts include Andreas Schurti, who is admitted in both New York and Liechtenstein, and Alexander Appel.

Practice head(s):

Alexander Appel; Moritz Blasy


The team has vast experience in banking and finance matters, in particular in terms of regulatory approvals and licensing proceedings.’

The team is known to be one of the market leaders in banking, finance and insurance and has conducted several large licensings of insurance and financial institutions.’

Moritz Blasy has a very sharp mind —always available with a fast solution.’

advocatio Rechtsanwälte Grabher Dür

Unlike some other Liechtenstein firms, advocatio Rechtsanwälte Grabher Dür does not engage in fiduciary or professional administration services and houses a standalone financial services law department. Johannes Grabher has ‘outstanding strategic and tactical skills’ and is recommended for regulatory and contentious matters. Johannes Dür, who has a strong background in trust and fiduciary law, heads the team.

Practice head(s):

Johannes Dür


Their advice is very truthful and competent. Highly recommended.’

The team is very experienced in transactional and regulatory matters, particularly concerning asset management, investment funds and banking.’

Its quick thinking and deep economic understanding makes advocatio perfectly suitable in matters concerning new business models in fintech; even in matters without established legal practice or case law, its advice and legal appraisal is reliable and practice oriented.’

Despite the comparatively small size of the team, advocatio is capable of handling large and complex matters. ’

Of high value is the very pronounced independence of advocatio from the fiduciary business and the financial services sector. As a client, you may always fully rely on their advice and recommendations which are also characterised by a strong solution orientation.’

If you are represented by Johannes Grabher, you can be sure that your interests are safeguarded. His outstanding strategic and tactical skills form an important key to success.’

Johannes Grabher is a very clever lawyer with a good economic background.’

In the area of banking and finance, Johannes Dür’s deep expertise comprises the whole spectrum of the Liechtenstein financial services sector including foundation and trust law.’

Müller & Partner Rechtsanwälte

Müller & Partner Rechtsanwälte leverages the wider firm’s litigation expertise to specialise in advising financial services clients on contentious and regulatory matters. It also fields a capable transactional practice, which advises domestic and international banks, insurance companies, corporate borrowers, funds and private clients on M&A, lending transactions and restructurings. Roland Müller, Martin Zech and Egon Hug recently teamed up to advise a foreign bank on the establishment of a local subsidiary.

Sele Frommelt & Partner Attorneys at Law Ltd

Sele Frommelt & Partner Attorneys at Law Ltd’s financial markets and fintech practice brings together distinct skill sets in banking, capital markets, insurance law, fintech and regulatory matters. Heinz Frommelt, who handles banking, investment funds and insurance, and corporate finance specialist Peter Nägele are noted.

Practice head(s):

Heinz Frommelt; Peter Nägele

König Rebholz Zechberger Attorneys at Law

A strong performer in the regulatory space, König Rebholz Zechberger Attorneys at Law has been kept busy advising on a significant volume of fintech-related matters over the past year. Group head Helene Rebholz has deep experience in banking, investment funds, insurance and capital markets law.

Practice head(s):

Helene Rebholz


The firm is known in the market for its longstanding practice and experience in banking and finance, which is a practice area relatively few law firms in Liechtenstein deal with intensively.’

Whenever we need advice in banking and finance, we approach this team and we have already referred clients to them, as they definitely have outstanding knowledge and experience in this field.’

A good network, profound knowledge of their work and solution-oriented advice.’

Lawyers are proactive, engaged and hands-on.’

Lampert & Partner Attorneys at Law Ltd

Lampert & Partner Attorneys at Law Ltd is best known for its advice to financial service providers on regulatory and compliance issues. The firm also handles transactional matters, with an emphasis on due diligence and restructurings. Siegbert Lampert’s diverse experience spans corporate lending, asset management and corporate governance.

Practice head(s):

Siegbert Lampert

Niedermüller Attorney at Law

An increasingly prominent name for fintech, Niedermüller Attorney at Law’s practice encompasses a wide range of regulatory matters, financing transactions, bank M&A and asset recovery. Matthias Niedermüller  , who is admitted in Liechtenstein, Austria and Switzerland, is the name to note.

Practice head(s):

Matthias Niedermüller


Matthias Niedermüller has a hands-on approach, a great commercial understanding of transactions and is very responsive.’

Key clients

Skale Labs Inc.

Nomisma Holdings Pte Ltd, Singapore

Curio AG

Work highlights

  • Advised Skale Labs on setting up a company structure for decentralised blockchain infrastructure in Liechtenstein.
  • Advised Nomisma Holdings on the MIFID II licensing of a blockchain-based exchange for securities and financial instruments.
  • Advised Curio AG on the tokenisation of luxury collectable cars and the issuance of security tokens.

NÄGELE Attorneys at Law LLC

NÄGELE Attorneys at Law LLC’s focus on the fintech sphere pays dividends and satisfied clients attest that it is 'a market leader in the fintech and blockchain sectors in Liechtenstein’. Thomas Nägele is noted for his experience in assisting crypto and blockchain-related clients with gaining access to the European single market. Thomas Feldkircher heads the capital markets and securities practice.


A market leader in the fintech and blockchain sectors in Liechtenstein, with lots of experience from different points of view in relation to those topics.’

Efficient, flexible and open-minded — extraordinarily effective.’

They are very open to input and, together with them, you can improve results.’

Thomas Nägele has has a deep and profound knowledge in the relevant topics.

Thomas Feldkircher is a lawyer of impressive quality.’

Work highlights

  • Advised Bittrex on various regulatory matters, including on its applications for an investment firm licence and for a multilateral trading facility licence to support security tokens.
  • Acted as part of the team that drafted the securities prospectus for Neon Exchange for the NEX token.
  • Advised Bank Frick on various regulatory matters.

Seeger, Frick & Partner

Schaan-based Seeger, Frick & Partner fields a solid financial services practice, which advises on funds, insurance, trusts and market regulation. Wolfgang Seeger has an established record in banking and regulatory matters.

Practice head(s):

Wolfgang Seeger

Walser Attorneys at Law Ltd.

Walser Attorneys at Law Ltd. has a focus on regulatory and contentious matters, with notable experience in advising local and foreign clients on the establishment of banking institutions. Manuel Walser counts banks, funds and trustees among his key clients.

Practice head(s):

Manuel Walser


I appreciate their responsiveness, expertise and dynamism.’

Manuel Walser and Brigitte Vogt are great personalities combined with excellent expertise.’

Key clients

Allgemeines Treuunternehmen

CorPa Treuhand AG

CorPa Services AG

Mutual Consulting Establishment

Landesbank Baden-Württemberg

Wolff Gstoehl Bruckschweiger

Wolff Gstoehl Bruckschweiger’s practice is particularly well versed in advising banks, funds, asset managers and insurance companies on regulatory matters. Christoph Bruckschweiger, who specialises in market regulation and litigation, is the key contact.

Practice head(s):

Christoph Bruckschweiger