News & Events
Liechtenstein has made up ground in the Financial Secrecy Index. The Principality’s financial sector ranks in 54th place, well behind those countries that the UK-based Tax Justice Network classifies as the world’s worst tax havens. The USA and Switzerland lead the way in the index. Luxembourg is ranked in 5th place.
The Liechtenstein trust sector generated gross value added of just under 1 billion Swiss francs in 2018. Its direct share of gross value added of slightly over 11 percent was the third-highest by sector. This is a finding from a study published on behalf of the Liechtenstein Institute of Professional Trustees and Fiduciaries.
The Liechtenstein financial center has maintained its growth path in the second year of the pandemic. The Financial Market Authority (FMA) reported on this in its 2021 annual report. In dealing with the war in Ukraine, the FMA attested that market players had acted appropriately.
Liechtenstein offers the best environment in the world for philanthropic engagement. This is a finding from the Global Philanthropy Environment Index 2022 compiled by the University of Indiana.