Joint Statement of the Liechtenstein Banking Association (LBA) and the Liechtenstein Institute of Professional Trustees and Fiduciaries (THK) on the war in Ukraine
The Liechtenstein Bankers Association (LBA) and the Liechtenstein Institute of Professional Trustees and Fiduciaries (THK) vigorously condemn the Russian invasion and are deeply concerned and worried about the war and its consequences. We unreservedly support the sanctions imposed for this reason and hope for a swift end to the war in Ukraine and a return to dialogue and diplomacy.
As the two most important and largest associations of the Liechtenstein financial centre, LBA and THK are aware of their responsibility and will also fulfil it by actively cooperating with the competent authorities. We recognise the central role of financial intermediaries with regard to the sanctions imposed worldwide and assure the Liechtenstein government of our full support in the consistent implementation and application of these sanctions. We are therefore in permanent exchange with the competent authorities and the government's crisis team.