In its report on Liechtenstein, the ratings agency commended the financial center for proactively implementing international regulatory requirements and cooperating with international organizations. In addition, the country’s economy is more broadly based compared to other small countries. Thanks to its membership in the European Economic Area and its currency and customs union with Switzerland, Liechtenstein has access to both the EU internal market and the Swiss market. S&P added that Liechtenstein’s policies are forward-looking and effective.
Prime Minister Adrian Hasler said that the rating confirms Liechtenstein’s attractiveness and stability as a business location and shows how important forward-looking policies and good overall conditions are for the economy, such as the country’s Blockchain Act and the establishment of the Department for Financial Center Innovation.
Only 10 countries have received the AAA rating from S&P Global, including Germany, Switzerland and Singapore.