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2020 Annual Report on Liechtenstein Financial Centre
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Overview
The Liechtenstein Financial Centre is a major financial hub in Europe, with various divisions supervised by the FMA (Financial Market Authority). This report provides an overview of key statistics and data points related to financial market participants and products.
Licences Issued in 2020
Banking Division
- Banks: 13 licences issued
- Investment firms: 1 licence issued
- Payment institutions: 0 licences issued
- Electronic money institutions: 4 licences issued
Securities and Markets Division
- Asset management companies: 102 licences issued
- Active asset management companies: 3 licences issued
- UCITS: 217 licences issued
- AIFMG Large AIFMs: 16 licences issued
Insurance and Pension Funds Division
- Insurance undertakings: 36 licences issued
- External auditors under the VersAG: 7 licences issued
- Insurance intermediaries: 56 licences issued
Anti-Money Laundering and DNFBP Division
- Professional trustees: 147 licences issued
- Trust companies: 245 licences issued
- Auditors: 41 licences issued
Free Movement of Services
The EU’s single market allows for the free movement of services across member states. The FMA supervises financial market participants under this regime.
Banking Division
- EEA banks: 269 registered
- EEA investment firms: 2188 registered
- EEA payment institutions: 407 registered
Insurance and Pension Funds Division
- EEA insurers: 438 registered
Securities and Markets Division
- EEA investment undertakings: 559 registered
- EEA management companies: 82 registered