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Articles

Liechtenstein to Cooperate with Asian Countries on Fintech Projects

Written by: Bridgewest

Liechtenstein is one of the most performant financial centers in Europe which has helped the small country to boost its relations with various countries around the world. Now, the Financial Market Authority (FMA) of the Principality wants to extend these relations with several Asian countries. For this purpose, the representatives of the FMA have visited Hong Kong and Singapore in order to strengthen ties in the financial sector. Our company formation agents in Liechtenstein can help foreign investors who want to set up companies in the financial industry.

Liechtenstein to gain access to Asian clients

Asia was one of the few markets left unconquered by financial companies in Liechtenstein, which is why representatives of the FMA have traveled to Singapore and Hong Kong, two of the world’s most appreciated financial centers.

The main purpose of the meetings with counterparts in the two city-states was to eliminate the barriers Liechtenstein companies had to clients in Singapore and Hong Kong, as the Asian market is becoming a very desired destination for many players in the world.

It is also expected for companies in Liechtenstein to cooperate with private companies in Singapore and Hong with the purposes of exchanging knowledge and cooperate on various projects. Moreover, Hong Kong is expected to open the gates to China for Liechtenstein businesses.

Our company registration advisors in Liechtenstein can guide foreigners interested in entering the Principality’s financial market.

Fintech – a common ground for Liechtenstein and Asian countries

Liechtenstein has made significant progress when it comes to financial technology. This has caught the attention of various fintech players in Singapore, China, and Hong Kong. The FMA took this opportunity to promote Liechtenstein as an international fintech center, but also to showcase the qualities of local banks to Asian clients.

Fintech players in Asia have already shown their interest in cooperating with fintech companies and banks in Liechtenstein with the purpose of nurturing further cooperation in the financial field.

If you need information on the fintech legislation in Liechtenstein, do not hesitate to contact our local representatives.