Our attorney Teresa-Christina Macan has published an article in the Austrian Journal of Financial Market Law on third-party effects of international debt assignments.

Our Managing Partner Thomas Nägele published his Master Thesis «Secondary Market for Security Tokens — The need for a new regulatory approach at the European Union level».

In Liechtenstein wurden Token durch das Token- und VT-Dienstleister-Gesetz (TVTG) gesetzlich definiert. Nach dem TVTG ist ein Token eine Information auf einem VT-System (Blockchain)...

In Liechtenstein, the token has been legally defined by the Token and TT Service Provider Act (TVTG). According to the TVTG, a token is information on a TT system (blockchain) that (i) can represent...

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

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

The realm of portfolio management, as defined under Art. 4 para. 1 no. 8 MiFID II, respectively Annex I Section A no. 4 MiFID II, encompasses a broad spectrum of activities involving the management of individual assets ...

The EU Prospectus Regulation, which came into force on July 20, 2017, and became fully applicable from July 21, 2019, marks a significant shift in the financial regulatory...

Crowdfunding has emerged as a disruptive financial mechanism that democratizes access to capital for various projects and enterprises.

And Why Liechtenstein Is Emerging As The European Economic Area (EEA) Gateway For U.S. Founders, Investors And Digital-Asset Businesses

The U.S. Securities and Exchange Commission’s March 2026 interpretation on the application of federal securities laws to certain crypto assets is not merely another incremental statement in an already crowded field of digital-asset commentary.

Die neue EU-Prospekt-Verordnung („Prospekt-VO") ist mit 21.07.2019 vollständig in Kraft getreten und ermöglicht unter anderem einen vereinfachten Zugang zum Kapitalmarkt

The new EU Prospectus Regulation ("Prospectus Regulation") came into full force on 21st July 2019 and provides, among other things, a simplified access to the capital market

The EU Markets in Financial Instruments Directive II (MiFID II) plays a crucial role in defining financial instruments within the scope of banking and financial services.

The resolvability of banking groups plays an essential role for the effectiveness of the European resolution regime. In this regard, the European legislator provided the resolution authorities a broad set of powers...

Und Warum Liechtenstein Sich Als Gateway Zum Europäischen Wirtschaftsraum (EWR) Für US-Gründer, Investoren Und Digital-Asset-Unternehmen Etabliert

Pursuing its Digital Finance Strategy, on September 24, 2020 the European Commission has adopted a new Digital Finance Package, including legislative proposals for a Regulation on...