Regulation / Law
Please note that the links listed below refer to a periodically updated legal database for translated legal acts. The current changes to laws and regulations are published in German. They are available on the website www.gesetze.li.
Legal Acts
- Law of 19 December 2012 concerning the Managers of Alternative Investment Funds (AIFMG)
- Law of 28 June 2011 concerning specific undertakings for collective investment in transferable securities (UCITSG)
- Law of 11 December 2008 on Professional Due Diligence for the Prevention of Money Laundering, Organised Crime and Financing of Terrorism (Due Diligence Act; SPG)
- Law of 18 June 2004 on the Financial Market Authority (Financial Market Authority Act; FMAG)
Ordinance
- Ordinance of 22 March 2016 concerningthe Managers of Alternative Investment Funds (AIFMV)
- Ordinance of 5 July 2011 concerning specific undertakings for collective investment in transferable securities (UCITSV)
- Ordinance 17 February 2009 on Professional Due Diligence for the Prevention of Money Laundering, Organised Crime and Financing of Terrorism (Due Diligence Ordinance; SPV)
EU/EEA Law
- Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010
- Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision
Guidelines
- FMA Guideline 2015/2: Code of Conduct for the Liechtenstein Fund Centre
- FMA Guideline 2021/3: ICT Security
Notification Letter
- FMA-Formular: AIFM Notification Letter
- FMA-Formular: AIF Notification Letter
- FMA-Formular: Pre-Marketing Notification Letter
Instructions
- FMA Instructions 2017/2: Instructions on establishing an alternative investment fund manager (AIFM)
- FMA Guidance 2021/17: Implementation of the ICT Security
- FMA Instruction 2021/19 – Instruction on cross-border distribution of funds
Communications
- FMA Communication 2023/1 – Use of investment advisors for funds
- FMA Communication 2020/2 – Valuation of assets in UCITS, AIFs, and investment undertakings
- Self-Assessment-Tool Cyber-Risik in connex to FMA Communication 2018/3