Banking,
especially private banking, is Liechtenstein's flagship financial service,
although its trust regime, modelled on common law precedents, is unique
among civil law jurisdictions, and is widely used. The variety and
great flexibility of the corporate forms available in Liechtenstein, coupled
with excellent tax-saving possibilities, has encouraged an inflow of holding
and investment management companies. The Liechtenstein banking sector
is regulated under the Law of Banks and Finance Companies of 1992, as amended.
The banking center is the actual nucleus of the Liechtenstein financial
services sector. Private banking, based on a comprehensive protection
of bank client secrecy, is the focal point of banking activities. Banks
operate in an environment characterized by high political and social stability
and a legal structure that complies with international standards and is
compatible with EU requirements. Banking supervision, as part of overall
financial market supervision, complies with internationally recognized
principles. The Liechtenstein Bankers’ Association with headquarters
in Vaduz represents the interests of the banks. The banks do not
fear any long-term problems for the Liechtenstein financial center as a
consequence of the German tax affair.
Integrity,
transpartent working structures and sound personal advice based on
meeting these client goals makes it possible to develop optimum individual
solutions.
Our vision
of asset management is proving to be perfectly suited to the lifestyle
of an active clientele, essentially comprising key figures in the international
life.
The core
business of the private bank includes asset management and investment
advisory for private and institutional investors. Is the fourth-largest
bank in the Principality of Liechtenstein.
We
incorporate the latest advances in financial analysis to update your
current financial plans or develop a completely new investment proposal
for your assets.
Personally,
I believe that unassailable wealth is the best protection against global
crisis. In the short term I think there are lots of reasons to be afraid.
Very afraid.