paragraph7 has extensive expertise and substantial experience in financial market law in Liechtenstein and advises both domestic and international clients on all regulatory and supervisory matters.

We advise banks, insurance undertakings, asset managers, fund management companies, as well as FinTech and crypto service providers and other financial intermediaries.

We act in both ongoing regulatory advisory matters and contentious proceedings, in particular in financial market disputes, and represent our clients before supervisory authorities and courts.

We support clients across the full spectrum of regulated activities: from structuring and licensing through to compliance and ongoing supervision, and including enforcement proceedings, where necessary, defending against governmental enforcement measures  as well as judicial and administrative disputes.

Licensing & Regulatory

We provide comprehensive advice on all regulatory requirements in the Liechtenstein financial market and assist clients in their dealings with stakeholders and supervisory authorities.

Our services include in particular:

• Advising on and assisting with licensing and authorisation procedures
• Supporting communication with the Financial Market Authority Liechtenstein (FMA)
• Assisting with notification and approval procedures
• Advising on regulatory requirements applicable to financial intermediaries
• Supporting relocations of registered offices and market entry into Liechtenstein

Supervisory Law, Compliance and Corporate Governance

We assist clients in implementing and complying with regulatory requirements and in establishing efficient governance and compliance structures.

Our services include in particular:

• Advice on compliance, due diligence and sanctions regimes
• Drafting and reviewing internal policies, rules and directives
• Advising on corporate governance and regulatory organisational requirements

Litigation and Representation before Authorities and Courts

• A particular focus of our practice lies in representation in supervisory proceedings and disputes in the financial market context. We represent our clients in particular:
• Before the Financial Market Authority Liechtenstein (FMA) in supervisory and enforcement proceedings
• As defence counsel in criminal proceedings
• In proceedings relating to licences and regulatory measures
• Before the courts of Liechtenstein at all levels
• In complex domestic and international disputes in the financial services sector

Financial Products, Funds and Capital Markets Transactions

We advise on the structuring, launch and distribution of financial products and support complex transactions in the financial sector.

Our services include in particular:

• Structuring of funds and investment vehicles
• Advising on financial products, bonds and structured products
• Capital markets transactions, issuances and securitisations
• Advising on innovative business models, FinTech and crypto-assets

Blockchain, Tokenisation and Digital Financial Models (FinTech / Digital Assets)

We advise on the legal implementation of blockchain-based business models as well as on the structuring and regulation of digital financial and capital markets solutions.

Our services include in particular:

• Legal structuring and implementation of blockchain-based business models and solutions
• Advising on the tokenisation of assets and digital financial instruments
• Assisting with and implementing Security Token Offerings
• Preparing and reviewing EU-compliant securities prospectuses
• Assisting with prospectus approval procedures before the Financial Market Authority Liechtenstein (FMA)
• Providing regulatory advice on FinTech, blockchain and crypto business models

M&A, Outsourcing and Transactions in the Financial Sector

We provide comprehensive advice on mergers and acquisitions as well as restructurings in the regulated financial sector.

Our services include in particular:

• Legal support for M&A transactions in the financial sector
• Advising on qualifying holdings in financial intermediaries
• Restructuring and reorganisation of regulated entities
• Advising on outsourcing structures and cross-border service models
• Assisting with ownership control procedures and regulatory approvals

Contract Law, Documentation and Legal Opinions

We assist clients in drafting and implementing all types of contracts and necessary documentation in the financial sector.

Our services include in particular:

• Drafting and reviewing contracts and general terms and conditions (GTCs)
• Preparing transaction documentation
• Preparing legal opinions