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Liechtenstein has the clearest crypto tax regulations
The consulting firm PwC has investigated how clear the taxation of crypto assets is in various countries. Liechtenstein was ranked in first place globally. Switzerland was also ranked towards the top of the standings.
Banking center raising funds for COVAX project
The Liechtenstein Bankers Association is calling for the country’s banking center to support the COVAX project. The donation campaign will run until 21 January 2022, enabling UNICEF to provide vaccinations to people in low-income countries. People outside the banking center can also participate in the fundraising campaign.
LIFE Climate Foundation promoting innovative agriculture in Zambia
SOS Children’s Villages is helping young farmers in Zambia to learn and implement new farming methods. The project aims to enable smallholders to adapt to changing climatic conditions. The LIFE Climate Foundation Liechtenstein is providing part of the funding.
Liechtenstein retains top rating
The international rating agency Standard & Poor’s has again awarded the Principality of Liechtenstein its top rating of AAA with a stable outlook. In the evaluation, the rating agency above all emphasized the sound financial situation with regard to public budgets.
Landesbank commits to sustainable investment practices
Liechtensteinische Landesbank has signed the Principles for Responsible Investment of the United Nations. It has therefore also committed to reporting on implementation of these principles.
Patrick Bont moves from the FMA to VP Bank
Patrick Bont is set to join the Group management of VP Bank with effect from November 1, 2020. Bont, who currently heads up the Banks department at the Financial Market Authority Liechtenstein (FMA), will become the new Group Chief Risk Officer of VP Bank.
LLB ensures the sustainability of its gold fund
Liechtensteinische Landesbank (LLB) is offering an investment opportunity in gold that complies with ESG criteria to sustainability-oriented investors for the first time. The fund is covered by physical gold sourced from sustainable production activities.
Investor Summit Liechtenstein looking for champions
Start-ups and SMEs looking for capital can now apply for the Investor Summit Liechtenstein. Winners will have the opportunity to present their ideas in front of around 250 investors. Carsten Maschmeyer and Prinz Max von und zu Liechtenstein will appear as speakers.
Liechtenstein banks to pay for holiday activities
Together with the Office for Social Services, the LBA has organized a free program of holiday activities for children. This is aimed at easing the burden during the summer holidays on families that have faced serious challenges in connection with the coronavirus crisis.
QR-bill replaces payment slips
The QR-bill will be introduced to Switzerland and Liechtenstein on June 30th. It aims to make e-banking and mobile banking payments easier. The QR-bill will gradually replace the current payment slips.
