Title: Liechtenstein Financial Market Authority (FMA) - Safeguarding Stability and Client Protection in Liechtenstein’s Financial Sector

Overview

The Liechtenstein Financial Market Authority (FMA), as the primary financial regulatory body in Liechtenstein, plays a crucial role in maintaining the stability of the country’s financial market, protecting clients, preventing abuses, and upholding international standards.

Supervisory Role

• Independent and Integrated Supervisory Authority: Established as a standalone entity, the FMA oversees financial market participants in Liechtenstein’s financial center.
• Maintaining Financial Stability: Ensuring the stability of financial institutions and safeguarding clients.
• Compliance: Enforcing adherence to supervisory regulations and addressing infringements.

Regulatory Functions

• Implementing International Standards: Adopting and supporting global financial standards.
• Legislation Advice: Advising the government on financial market legislation.
• Guidelines and Communications: Issuing guidelines and communications to clarify laws and their implementing ordinances.

Global and National Partnerships

• International Representation: Maintaining a presence in key international and European supervisory organizations.
• Domestic Collaboration: Fostering strong partnerships with business and professional associations.

Autonomy and Organization

• Independent Body: Operating as an independent entity with its own legal personality, established in 2005.
• Modern Governance: Adhering to principles of responsible and modern corporate management.
• Staff: Employing approximately 110 staff members from various countries, including Liechtenstein, Switzerland, Austria, and Germany at the end of 2019.