The Regulation on Markets in Crypto Assets (MiCAR) and the Regulation on a Pilot Project Regime for DLT-based Market Infrastructures (DLT Pilot Regime) form the core of the EU's Digital Finance Strategy.

In a groundbreaking new ruling, the Supreme Court of Liechtenstein found that customers of Liechtenstein banks not only have the right to reclaim inducements withheld by the banks...

When the European Securities and Markets Authority ("ESMA") released its Final Report on Guidelines for the criteria on the assessment of knowledge and competence under the Markets in Crypto-Assets Regulation ("MiCA") in July 2025.

The recent turmoil surrounding FTX and Alameda has once again drawn public attention to the crypto industry and, in particular, provided new fertile ground for criticism of the industry as a whole.

Liechtenstein is not only an international financial center, but also has a broadly diversified economic structure. The share of manufacturing in the national economy is higher than in Liechtenstein's neighboring countries.

Cross-border payments are referred to as foreign payments. Bank customers who wish to make a payment within the EU, to Liechtenstein, Iceland, Norway or Switzerland can do so by SEPA transfer.

Liechtenstein has come to an agreement with the European Union on the EU Savings Tax and will therefore retain the same withholding tax as Switzerland.

The realm of financial services is replete with complexities, particularly when it comes to the issuance of financial instruments.

In principle, a public offering of transferable securities may only be made on the basis of a securities prospectus approved by the local regulator.

Factoring, an increasingly vital financial service, encompasses the continuous purchase of receivables from deliveries or services of the factoring client by the factor, according to a framework contract.

The transition to a sustainable and climate-neutral economy is an imperative that has been gaining traction in both public discourse and legislative action.

Überblick über die Möglichkeiten eines öffentlichen Angebots von Wertpapieren ausserhalb von Liechtenstein (Prospekt-Passporting)...

In the intricate landscape of financial markets, the operation of multilateral trading facility (MTF) holds a significant position, which is the private law equivalent of a public stock exchange...

The financial markets, a cornerstone of modern economies, are governed by a complex web of regulations designed to ensure transparency, fairness, and stability.

Hardly any other European financial centre has managed, within such a compact geographic perimeter, to translate the ever-accelerating OECD agenda...

In the intricate world of financial services law, the concept of investment brokerage holds a position of critical importance. As delineated in MiFID II, investment brokerage encompasses the facilitation...

In the intricate domain of financial services, the legal framework governing investment advisory services plays a pivotal role. This analysis delves into the statutory definition of investment advice under Annex I Section A No. 5 MiFID II.

During an early phase of the financial crisis (2007), many financial institutions—in spite of adequate capital levels—faced heavy difficulties because they didn't manage their liquidity profile in a prudent manner.

Gemäss einer wegweisenden und in vielerlei Hinsicht bemerkenswerten neuen Entscheidung des OGH haben Kunden liechtensteinischer Banken...

Hardly any other micro-jurisdiction has displayed a comparable legislative velocity in the field of international tax cooperation as the Principality of Liechtenstein...