Wealth & finance International - Wealth & Money Management Awards 2017

Wealth & Money Management Awards 2017 6 Best Private Banking & Wealth Management - Liechtenstein The Liechtenstein Bankers Association (LBA) was founded over 40 years ago by the three Liechtenstein banks existing at that time to create an association dedicated to supporting a wide range of service users. We profile the association to find out more about the range of services it provides. Company: Liechtenstein Bankers Association (LBA) Name: Simon Tribelhorn, CEO Email: [email protected] Web Address: www.bankenverband.li Address: Austrasse 46, FL-9490 Vaduz Telephone: +423 230 13 23 EU Transparency Register number 024432110419-97 Established in 1969, the LBA is the voice of the banks operating in and out of Liechtenstein. Since its foundation, the association has been safeguarding the interests of its member banks towards the government, the authorities, the public, and national as well as international organisations and federations, and has coordinated the joint activities of its members. The Board is the governing body and consists of the Chairman and representatives of six member banks. The Association is managed by the secretariat leaded by the general manager. The LBA stands for market economy-based principles and for an efficient financial centre in Liechtenstein and in Europe with the highest standards. It understands itself as a service provider to its member banks. In its work the LBA is guided by openness, objectivity and reliability. By signing the ICMA Private Wealth Management Charter of Quality on a self-regulatory level and representing the whole Liechtenstein banking center, the LBA demonstrates the clear commitment to the highest common international standards of quality, compliance and good market practice which are as well the part of the guiding principles of the future strategy for the Liechtenstein banking centre set out in our Roadmap 2020. With this Roadmap 2020, the banking centre in Liechtenstein intends to further expand its position as a professional, stable and sustainable partner at the heart of Europe on a long-term basis. Thus, the financial centre endeavours to continue to offer its clients an attractive setting and remain competitive in the long run. In this context, the financial centre relies on existing strengths such as legal certainty and stability, long-standing experience and expertise in private banking and its outstanding service quality. At the same time, the financial centre already boasts outstanding framework conditions such as the access to the European single market as well as the Swiss economic area, which makes it unique and efficient. The three strategic pillars quality, stability WM170003 and sustainability form the three cornerstones of the financial centre strategy, the Roadmap 2020. The LBA is not only the driving force of the Roadmap 2020, but also one of the country’s most significant associations and plays a key role in the successful development of the financial centre. Member interests are pursued in accordance with the principles of sustainability and credibility. As a member of the European Banking Federation (EBF), the European Payments Council (EPC) and the European Parliamentary Financial Services Forum (EPFSF), the Liechtenstein Bankers Association is a member of key committees at the European level. Since 2017, the LBA has also been a member of the Public Affairs Council (PAC) with offices in Washington and Brussels. Moving forward, the LBA will be seeking to continue its good work and support even more bankers and financial institutions. copyright: © dudlajzov