Financial Crime World

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Financial Intermediaries and Products Supervised by the FMA

The Liechtenstein Financial Centre – 2021 edition report provides an overview of financial market participants and products supervised by the FMA (Financial Market Authority) in Liechtenstein as of 2019 and 2020. This article summarizes the key points from Annexes 18 and 19 of the report.

Licenses Issued by the FMA

As of 2020, the FMA issued licenses to various financial market participants, including:

Banking Division

  • 14 banks
  • 1 new investment firm
  • 5 electronic money institutions

Securities and Markets Division

  • 11 asset management companies
  • 3 IUG active asset management companies
  • 24 domestic investment funds
  • 217 UCITS (Undertakings for Collective Investment in Transferable Securities)

Insurance and Pension Funds Division

  • 36 insurance undertakings
  • 56 insurance intermediaries
  • 17 pension schemes

Anti-Money Laundering and DNFBP Division

  • 147 professional trustees
  • 245 trust companies
  • 41 auditors

Market Exits

In 2020, some financial market participants exited the market, including:

Banking Division

  • 1 bank

Securities and Markets Division

  • 3 asset management companies
  • 18 UCITS

Insurance and Pension Funds Division

  • 1 insurance undertaking

Financial Intermediaries Supervised by the FMA under the Free Movement of Services

The report also provides an overview of financial intermediaries supervised by the FMA in Liechtenstein under the free movement of services principle, including:

EEA (European Economic Area) Banks and Investment Firms

  • Payment institutions
  • Electronic money institutions

EEA-Regulated Markets

  • Branches of EEA investment firms
  • Swiss insurers
  • Branches of Swiss insurers

Total Number of Free Movement of Services

The total number of free movement of services for various financial intermediaries as of 2019 and 2020 is also provided in the report.