Roland Müller, president of the board of directors of the Financial Market Authority (FMA), and Mario Gassner, chairman of the executive board, represented the FMA at the two-day meeting in Munich.
According to a statement, they held talks with representatives from public authorities and industry, with the aim of promoting knowledge about the Liechtenstein financial centre and strengthening confidence in it.
Meetings were also held with representatives from the Bavarian Banking Association, with discussions focusing in particular on regulatory topics as well as the overall conditions of the Liechtenstein financial centre.
Both in Germany and in Liechtenstein the European MiFID II regulation is currently being implemented, which provides for increased investor protection as well as new rules for investment advice and an extension of the financial instruments covered. The legislative package is intended to increase transparency and strengthen investor confidence.