Operators in the Liechtenstein financial market primarily include:
Banks
Asset management companies
Investment fund management companies
Insurance companies / Insurance brokers
Pension institutions / Pension funds
Fiduciaries, attorneys-at-law, auditors, real estate agents
Asset management companies are some of Liechtenstein's key financial players. Since the Asset Management Act (VVG) came into force in 2006, it has formed the basis for asset management companies to operate as new, internationally recognised financial intermediaries. For more on the financial centre of Liechtenstein, go to the website of Liechtenstein Finance (finance.li).
The Liechtenstein Financial Market Authority (FMA) monitors the implementation of the Asset Management Act, its associated Ordinance (VVO) and compliance with regulations. It also takes all necessary measures.
Legal foundations
The profession of independent asset management is based on the relevant EU Directives as well as the Liechtenstein Asset Management Act and its related Ordinance.
The Asset Management Act governs the conditions of the commercial provision and brokerage of asset management services to protect clients as well as safeguard confidence in Liechtenstein as a financial centre. The Asset Management Act applies to asset management companies with offices registered in Liechtenstein.