Act 2024
Gesetz vom 5. Dezember 2024 über die Erbringung von Wertpapierdienstleistungen und die Ausübung von Anlagetätigkeiten (Wertpapierdienstleistungsgesetz; WPDG) (Securities Services Act)
Issued by Finanzmarktaufsicht Liechtenstein
Plain-English summary
Sets the conduct rules for banks and investment firms providing investment services and activities, to protect clients and preserve trust in the financial centre. It implements MiFID II and MiFIR; the FMA is the competent authority (Art. 3(1) no. 15, Art. 33).
Who it applies to
Banking · Capital Markets · Asset & Wealth Management
Topics
Conduct & Consumer Protection Market Integrity & Securities
Latest news
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RBI finalizes Basel III market risk capital requirements for banks
26 Sep 2026
The Reserve Bank of India has issued final Directions on minimum capital requirements for market risk under the revised Basel III framework, effective April 1, 2027. The framework adopts the Simplified Standardised…
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RBI penalizes gold-loan fintech KLM Axiva Finvest Limited for auction surplus non-payment
26 Sep 2026
The Reserve Bank of India imposed a monetary penalty of ₹2.70 lakh on KLM Axiva Finvest Limited for regulatory non-compliance discovered during statutory inspection. The company failed to remit surplus amounts to…
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RBI penalizes Hero Fincorp for excess interest collection breaches
26 Sep 2026
The Reserve Bank of India imposed a monetary penalty of 10 lakh rupees on Hero Fincorp Limited on September 22, 2026, following supervisory findings of non-compliance with RBI's "Fair Practices Code for Lenders…