News & Events

Standard & Poor’s has again awarded its top rating of AAA and a stable outlook to Liechtenstein. The decision was based on the Principality’s stable budget, high financial reserves and positive income situation.

Liechtenstein’s banking industry as well as the entire finance sector have survived the coronavirus crisis well to date. The Financial Stability Report by the Financial Market Authority shows that while client assets under management have fallen, profitability and capitalization have increased.

As at the end of June 2020, 106 companies were active in the area of asset management in Liechtenstein. When compared with 2019, the total number is therefore unchanged. However, the sector has secured new money inflow of around 1.1 billion Swiss francs.

Those attending the second conference on “Digitalization and Law” at the University of Liechtenstein focused on the role of digitalization. Topics under discussion included blockchain technology, artificial intelligence and the tokenization of industrial goods.