LBA wins award for good governance
Vaduz - Capital Finance International (CFI.co) has awarded the Liechtenstein Bankers Association (LBA) a prestigious prize for its outstanding contribution to good governance in Liechtenstein. CFI.co concluded that the LBA is the financial center’s main voice and Liechtenstein’s most important trade association.
The jury was impressed by “the LBA’s instinctive understanding of shaping the future of a financial center”, as explained by the association in an accompanying press release. According to the press release, CFI.co attested to the LBA’s “strong leadership and co-operation, combined with a future-oriented and innovative approach”.
The press release further explains that, in CFI.co’s view, this allowed the LBA to play an instrumental role in successfully shaping the tax conformity strategy of the years following 2010. According to CFI.co, the Roadmap 2015 and follow-up Roadmap 2020 have been “important for the successful transformation of the financial center of Liechtenstein”. The jury therefore came to the conclusion that “the LBA is the financial center’s main voice and Liechtenstein’s most significant trade association”.
In acknowledging the vote of the jury, Simon Tribelhorn, CEO of LBA, commented: “The award confirms that our efforts to serve our members, as well as to advance Liechtenstein as a banking and financial center, are bearing fruit”. However, at the same time, Tribelhorn views this award as “an incentive for us to continue pursuing the path we have taken and the professionalization of the Bankers Association as an innovative, modern and dynamic trade association”.