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The Financial Sector of Liechtenstein: A Hub for Businesses and Investors

Overview of the Financial Sector

The financial sector in Liechtenstein plays a vital role in the country’s economy, with banking being the primary focus. The Financial Market Authority (FMA) is responsible for regulating and supervising the financial market to ensure that it operates in accordance with international standards.

Regulatory Framework

Liechtenstein’s financial market regulation is compatible with EU regulations, making it an attractive location for businesses and investors seeking to expand their reach into Europe. The FMA has direct access to the European Union (EU) and the European Economic Area (EEA), as well as a privileged relationship with Switzerland, which enhances its financial intermediaries’ global reach.

Global Recognition and Cooperation

The FMA is also a member of international supervisory bodies such as:

  • IOSCO (International Organization of Securities Commissions)
  • IAIS (International Association of Insurance Supervisors)
  • IOPS (International Organisation of Pension Supervisors)

In addition, the FMA maintains close bilateral relations with foreign partner authorities to ensure effective cooperation and compliance.

Commitment to International Cooperation and Compliance

Liechtenstein’s commitment to international cooperation and compliance is reflected in its adherence to anti-money laundering standards, as affirmed by MONEYVAL. The country has a stable social and economic order, a debt-free status, and a high industrialization level, making it an attractive business location.

Attractive Business Environment

The principality offers:

  • Liberal economic policies
  • Simple and fair tax system
  • High living standards
  • A favorable environment for businesses and individuals

Conclusion

Overall, Liechtenstein’s financial sector is well-regulated, globally recognized, and respected, with a strong focus on international cooperation and compliance. This makes it an attractive location for businesses and investors seeking to expand their reach into Europe or establish themselves in a stable and prosperous economy.