Award for LBA for its ongoing efforts towards sustainability and digitalisation
The Liechtenstein Bankers Association receives the prestigious 2022 award for outstanding contribution to good governance Liechtenstein from Capital Finance International (CFI.co).
Capital Finance International (CFI.co), awarded the Liechtenstein Bankers Association (LBA) for the second time the prestigious prize for outstanding contribution to good governance in Liechtenstein.
CFI.co mentions that Liechtenstein would be known for its political stability and economic prowess. With the Roadmap 2025, the Liechtenstein Bankers Association would strive to maintaining and improving the country's reputation as one of the most renowned and respected financial centres in the world. According to CFI.co, the LBA has set ambitious goals and would make good progress on all metrics. CFI.co was especially impressed that the LBA applied science-based standards to avoid and reduce CO2 emissions as well as offsetting projects to cover unavoidable emissions. CFI.co concludes that Liechtenstein has passed some of the most transparent and comprehensive blockchain legislation in the world, providing a secure and trustworthy environment for cryptocurrencies, tokens and other digital assets.
Simon Tribelhorn, the CEO of LBA, is delighted and honoured to receive this award: “The award confirms that our efforts to serve our members as well as to advance Liechtenstein as a banking and financial centre are bearing fruit. I am especially proud that CFI.co recognizes our non-fungible token (NFT) project in collaboration with KlimaDAO and Swappable to fulfill our net-zero commitment for 2021 and 2022 emissions through the carbon retirement with a REDD+ project in Colombia as a very practical best practice example”. He continues: “The award is a fantastic recognition of our amazing team and the result of our hard work. But it is also an incentive for us to continue pursuing the path we have taken and the professionalisation of the Bankers Association as an innovative, modern and dynamic trade association."
The judges’ report in detail