Vaduz (ots) - As part of the semi-annual review of Liechtenstein's country rating, the international rating agency S&P Global Ratings affirmed the highest rating of AAA with a stable outlook in its research update of 25 November 2024. According to the rating agency's report, the retention of the highest rating reflects Liechtenstein's healthy financial position ...
Vaduz (ots) - In its meeting on 5 November 2024, the Government adopted its statement on the enactment of a Law implementing Regulation (EU) 2023/1114 on markets in crypto-assets and amending other laws. It also adopted amendments to the Due Diligence Act implementing Regulation (EU) 2023/1113 on information ...
Vaduz (ots) - The EEA Financial Mechanism promotes economic and social balance within the European Economic Area (EEA). Following the conclusion of negotiations on the new 2021-2028 mechanism at the end of last year, the Government has now adopted the report and motion for submission to the Liechtenstein Parliament. As a member of the EEA, Liechtenstein - together with its EEA/EFTA partners Norway and Iceland - has ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government adopted several reports and motions on the redesign of the supervisory law governing banks and investment firms. These reports and motions on a comprehensive revision of the Banking Act (BankG) and the creation of a new Investment Services Act (WPDG), ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government adopted its report and motion on amendment of the Law on the International Automatic Exchange of Information in Tax Matters (AEOI Act), the Law on Implementation of the FATCA Agreement between the Principality of Liechtenstein and the United States of America (FATCA Act), the Law on the Agreement between ...
Vaduz (ots) - At its meeting on 17 November 2020, the Government approved an amendment to the Banking Ordinance This measure allows banks or investment firms established in the United Kingdom of Great Britain and Northern Ireland to continue to provide investment services and activities as well as ancillary services ...
Vaduz (ots) - The Liechtenstein Parliament today passed the Token and TT Service Provider Act (TVTG). This means that the law can enter into force on 1 January 2020. With the new law, Liechtenstein is the first country to have a comprehensive regulation of the token economy. On the one hand, the law regulates civil law issues in relation to client protection and asset ...
Vaduz (ots) - Yesterday, the Liechtenstein parliament dealt with the Act on Tokens and TT Service Providers (TVTG) in its first reading. Entering into the first reading was undisputed and unanimously supported. Members of Parliament recognised the opportunities offered by this regulatory approach and at the same time addressed the risks. "The discussions were constructive and at a remarkable level. I would like to thank ...
Vaduz (ots) - On 7 May 2019, the Government adopted the Report and Motion on the creation of a Law on Tokens and Trustworthy Technology Service Providers (Token and TT Service Provider Act; TVTG), frequently referred to as the "Blockchain Act". Blockchain technology was initially developed for Bitcoin, a private digital monetary system. However, the technology can be used far beyond Bitcoin. Blockchain technology is ...
Vaduz (ots) - Liechtenstein complies with the international standards of the OECD on the exchange of information for tax purposes. The report by the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) finds that the legal framework and practice in Liechtenstein are to a large ...
Vaduz (ots) - With its decision of 2 October 2018 the EU Economic and Financial Affairs Council (ECOFIN) removed Liechtenstein from the so-called "Grey List". The EU thereby confirms that Liechtenstein complies with the EU criteria of tax transparency, fair business taxation and the implementation of the BEPS minimum standards. On 5 December 2017 the ECOFIN listed several countries and territories on the EU-list of ...
Vaduz (ots) - In its meeting of September 4th the Government adopted the Report and Motion on the notification of partner jurisdictions in accordance with Section 7(1)(f) of the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (MCAA). The Government proposes that the ...
Vaduz (ots) - In its meeting of 7 June 2018, the Liechtenstein Parliament adopted amendments to the Tax Act. The amendments were based on the review of the Liechtenstein Tax Act by the EU Code of Conduct Group regarding tax transparency, fair business taxation, and the implementation of the minimum standards to prevent BEPS. Concerning Liechtenstein, the EU working group identified room for improvement in a few areas of ...
Vaduz (ots) - Liechtenstein fulfils the international standards of the OECD on exchange of information for tax purposes. The report of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) finds that the legal framework and practical implementation in Liechtenstein largely ...
Bern (ots) - The ruling of the European Court of Human Rights (ECHR) of 17th December 2013 Perincek c. Suisse (no. 27510/08) has serious procedural and substantive shortcomings. Switzerland still has the chance to appeal a final revision at the Great ...
Olten (ots) - Thinking mistakes are defects in our thinking process that weaken our aim to find the best solutions. By learning to recognize common fallacies, biases and effects, we can avoid these mistakes in the context of meetings or decision making. At the same time we can also learn to recognize the thinking mistakes when used by others. The goal of this app is to ...
Mitsubishi Chemical Advanced Materials AG
Amsterdam/Zurich (ots) - Swiss Takeover Board (TOB) confirms correctness of Quadrant offer price; Sarasin Investmentfonds AG (now part of the Safra Group) defeated in long-standing legal dispute The Swiss Takeover Board (TOB) issued a order today reaffirming the correctness of the public tender offer made by Aquamit B.V. for Quadrant AG in 2009. The TOB confirms in its order that the offer price paid to minority ...
Zurich, Switzerland (ots) - Sequana Medical is pleased to announce that it has received CE mark approval for use of its alfapump® system in patients with ascites caused by cancer (malignant ascites). The alfapump® system was first introduced to the European market last year for patients with refractory ascites ...
New gonadotrophin-releasing hormone (GnRH) receptor antagonist demonstrates rapid, long-term suppression of testosterone Saint-Prex (ots) - Ferring Pharmaceuticals announced today that it has received marketing authorisation from the European Commission, for FIRMAGON® (degarelix), a new GnRH receptor antagonist ...
180 clubs representing 24 national associations receive solidarity payments Nyon, Switzerland (ots) - The European Club Association (ECA) is pleased to announce that UEFA has finalised the financial calculations regarding the highly successful UEFA EURO 2008, and payments can now be made to the national associations for them to pass on to their clubs for their contribution to the successful final tournament in ...
Zurich (ots) - Jelmoli Holding AG ("Jelmoli"), acting on its own behalf and on behalf of its relevant subsidiaries ("the Jelmoli Group") on the one side, and Empario Holding GmbH ("Empario"), Delek Global Real Estate Limited (holding indirectly 33.33% of the share capital of Empario), Delek Belron International Limited (holding indirectly 16.67% of the share capital ...
PDUFA date of 4th March 4, 2008 established Lugano (ots) - Helsinn's Top Management today announced that the supplemental New Drug Application (sNDA) for Aloxi® (palonosetron hydrochloride) Injection for the prevention of post-operative nausea and vomiting was accepted for filing by the United States Food and Drug Administration (FDA). Aloxi is approved by the FDA ...