The Financial Market Authority Liechtenstein (FMA) reacts to the latest communication of the EU Commission of November 20, 2025 on the simplification of transparency rules for sustainable financial products and the announced fundamental revision of the SFDR rules (Commission simplifies transparency rules for sustainable financial products).

The Executive Board of the FMA has decided to set up the "Auditor Oversight" unit. The new unit will be established on January 1, 2026 and will play a central role in quality assurance in the area of auditing. It will be headed by Markus Meier, Head of the Banking Division and member of the FMA Executive Board.

ZEUS Anstalt für Vermögensverwaltung, Gamprin-Bendern (FL-0002.130.590-7), is authorized as of today to provide the service of portfolio management of crypto assets pursuant to Art. 60 para. 3 of Regulation (EU) 2023/1114 of 31 May 2023 on markets in crypto assets (MiCAR).

With the entry into force of FMA Communication 2025/4 regarding the permissibility of remuneration to intermediaries by pension funds on 1 January 2026, the FMA will specify the framework conditions for remuneration to insurance intermediaries by Liechtenstein pension funds.