The Liechtenstein Investment Funds Association (LAFV) and its members are aware of the importance of a global financial market and thus the central role of financial intermediaries. The Liechtenstein fund industry, represented by the LAFV, thus affirms full compliance with the sanctions imposed by both the European Union (EU) and the United States (US), in particular by the Office of Foreign Assets Control (OFAC), which is part of the US Treasury Department.

Liechtenstein's participation in the international financial market and the maintenance of its excellent reputation require the consistent and stringent implementation of International Sanctions. In this context, reference is made to the communication issued by the FMA in September 2024 (FMA Wegleitung 2024/2 - Risk management regarding foreign sanctions law), which must be observed without restriction.

Taking into account the above-mentioned aspects, the LAFV and its members welcome the steps taken by the Liechtenstein government and international institutions to fully implement and comply with EU and OFAC sanctions.