Studying opens up many opportunities, but it also comes with costs.
Scholarships, study grants and other forms of financial support offer you a range of options to manage the financial aspects of your studies.
On this page, we have compiled the most important information on the costs and funding of your studies.
Sustainability is one of the defining issues of our time. It stands for responsible action with regard to both present and future generations balancing ecological, social and economic dimensions. As a Topic in Focus, sustainability shapes the strategic direction of the University of Liechtenstein in research, teaching and knowledge transfer. The university is committed to actively contributing to the transformation toward a sustainable society.
For me, sustainability begins with the choice of materials and their structural composition in built architecture. Our ancestors knew how to build using locally available materials and centuries-old craftsmanship. In doing so, they created a natural symbiosis between sustainable construction and cultural identity — one that continues to shape regional character and gives rise to diverse building traditions to this day."
The University of Liechtenstein understands sustainability as an interdisciplinary research focus. Ecological, social and economic issues are approached holistically. Key topics include sustainable construction, future-oriented financial models, tax incentives for sustainable business practices and the design of resilient cities.
Through practice-oriented research, strong partnerships and a clear focus on societal impact, the university develops solutions that contribute to sustainable transformation.
For me, sustainability in finance is more than just a trend; it is an expression of an attitude that combines long-term thinking, responsibility, and entrepreneurial action.“
The University of Liechtenstein integrates sustainability into its daily operations. As a model institution, it places great importance on sustainable infrastructure, ecologically sound construction projects, conscious resource use and responsible mobility management. Sustainability is embedded in the university’s vision, ownership strategy and statutes and is actively embraced by staff, students and faculty members. The university not only aims to impart knowledge about sustainability, but to put it into practice.
The fight against economic crime is gaining momentum, and awareness of criminal law risks is more necessary than ever. Against this background, the Certificate Programme in Economic Criminal Law offers comprehensive, practice-oriented professional education, providing decisive advantages for daily practice, particularly for professionals and employees from the financial services sector as well as public authorities.
The Certificate Programme in Economic Criminal Law provides in three modules comprehensive knowledge of Liechtenstein, European, and international criminal law, including property offences, corruption offences, due diligence obligations, administrative criminal law, and money laundering.
Module 1 – Fundamentals of Economic Criminal Law
This introductory module covers the basic principles of economic philosophy as well as the theoretical foundations of criminal law, economic criminal law, and, in addition, administrative criminal law. Students gain insight in particular into the Liechtenstein Criminal Code, theories of punishment, and the societal role of criminal law, and learn the principles of criminal liability as well as the requirements for criminal conduct. The module conveys the fundamental categories of criminal law, such as action and omission, causality, intent and negligence, attempt and participation, sentencing, active repentance, and limitation periods. The knowledge acquired is deepened through case studies.
Students acquire the necessary knowledge to follow the subsequent modules of the programme. They are familiar with the theoretical foundations of criminal law as well as its basic terminology and have gained basic knowledge in economic philosophy.
Module 2 – Economic Criminal Offences in the Criminal Code (StGB)
In this second module, students acquire in-depth knowledge of the Liechtenstein Criminal Code. The focus is on economic criminal offences, in particular property offences such as fraud, breach of trust, and embezzlement; document-related offences; insolvency offences; and corruption offences, such as bribery and acceptance of bribes, prohibited intervention, or acceptance and granting of advantages. These offence categories are examined in detail and explained comprehensively. The knowledge acquired is consolidated through the analysis of practice-oriented case studies, enabling a deeper understanding of the application of legal provisions. The module concludes with a comparative law section in which selected countries and their specific criminal provisions are examined.
Students gain comprehensive expertise regarding key economic criminal offences covered by the Criminal Code. They are able to identify criminally relevant facts, analyse pertinent issues, develop corresponding solutions, and apply them in practice.
Module 3 – Money Laundering and Supranational Criminal Law
In this third module, at both the national and supranational levels, the subject matter concerning the central concept of money laundering in a broad sense is addressed. First, the fundamentals of the Liechtenstein Due Diligence Act (SPG) are taught, which aims to combat money laundering, organised crime, and the financing of terrorism within the meaning of the Criminal Code. This is followed by a review of the relevant criminal provisions.
Given the cross-border nature of these criminal phenomena, the module explains Liechtenstein’s criminal jurisdiction, which governs cases with foreign elements, and presents the basics as well as the most important institutions of European, EEA, and international criminal law. The module concludes with an introduction to legal research.
Students acquire expertise on professional due diligence obligations for combating money laundering, organised crime, and terrorist financing. They are able to recognise these criminal phenomena, identify cases with a foreign element, and develop appropriate solutions. In addition, they become familiar with the fundamental concepts of EU, EEA, and international criminal law.
Deepen your expertise with the Certificate Programme in Economic Criminal Law and qualify for demanding leadership positions. Take this opportunity to elevate your career to the next level – practical, flexible, and first-class!
Legal Basis and Regulations
The General Terms and Conditions (GTC), regulations, and other guidelines for professional education degree programmes are available for download in the “Guidelines and Downloads” section of the university website.
Acquire Blockchain and FinTech expertise alongside your professional commitments: in five modules, you will gain sound, practice-oriented knowledge of blockchain, crypto assets, DeFi, smart contracts, tokenisation, regulatory frameworks, and much more. Benefit from a flexible learning concept with leading experts, case studies, and cross-border networking. Shape the future of the financial world – starting now!
The programme is aimed at professionals with a background in finance. If you also hold a university degree, you may alternatively participate in our partner programme, the CAS Blockchain and FinTech.
The program not only provided me with valuable knowledge about blockchain and FinTech, but also strengthened my professional role – today I feel like a competent contact person for digital finance topics."
Tokenize what makes sense – in my module, we focus on using the potential of blockchain where it delivers real added value. We look beyond the hype and examine applications that really make a difference."
Those who understand the technological and conceptual foundations of blockchain can use it responsibly and effectively. Solid knowledge helps avoid misapplications and leverage potential in a targeted way."
Blockchain, cryptocurrencies and FinTechs have been spreading for years, right into everyday life. This programme prepares you for the impact of these disruptive technologies on established business models and value creation networks in the financial sector.
Graduates acquire in five modules solid knowledge and application-oriented skills to help shape the technological redesign of existing financial systems. The knowledge imparted is broad in scope and includes an overview of economic, technological, legal and tax aspects.
Module 1 – Fundamentals of Blockchain
The first module provides an overview of blockchain technology and explains both the basic concepts and its functions with the help of application examples. For example, using the still most prominent application, Bitcoin, it is shown how the proof-of-work approach ensures that manipulations of the Bitcoin blockchain are virtually impossible. At the beginning, an overview of stable coins and CBDC, crypto applications in the monetary system, is also gained.
In the second part of the module, after an introduction to computer science, various types of blockchains, their functioning and consensus mechanisms are extensively discussed, and their respective advantages and disadvantages are presented. The applicability of blockchain technologies in companies, so-called enterprise-grade blockchains, is also discussed.
Module 2 – Tokenisation
The second module first examines current digital innovations and changed business models of financial intermediaries as well as crowdfunding and crowdlending. Beginning with a comprehensive introduction to the field of the token economy, Initial Coin Offerings and Security Token Offerings are also covered.
The tokenisation of assets is considered in the second block, before in the last, technical section the way in which a token is generated and which characteristics it carries are the focus.
Module 3 – Legal and Tax Aspects
In the third module, the focus shifts. The legal and tax aspects of the instruments and markets covered are discussed. The main focus is on the legal situation in the Principality of Liechtenstein and the EEA, as well as the effects of recent European regulatory initiatives. Selected current regulatory approaches from neighbouring countries are also addressed, and still open regulatory questions are discussed from a legal perspective.
Subsequently, the tax implications of financial processes based on blockchain technology are discussed. A particular focus is placed on the taxability of different tokens.
Module 4 – Innovation Driver FinTech and Artificial Intelligence
For a long time, the financial industry was dominated by only a few different types of intermediaries, such as banks or asset managers. In recent years, however, FinTechs have increasingly been entering this market. This module covers the key areas in which FinTechs and InsurTechs operate.
At the beginning of the module, innovative technologies such as Artificial Intelligence, API Banking and Machine Learning are examined – technologies that are highly relevant for future digital and financial innovations.
Module 5 – Decentralized Finance and Asset Management in the Crypto World
In the final module, participants acquire the necessary skills to successfully apply the knowledge gained in asset management. As an essential foundation, Decentralized Finance applications are examined, and the trading venues for cryptocurrencies are analysed, highlighting their differences from traditional stock exchanges. Building on this, the various financial instruments already available in this field are addressed.
FinTechs often offer specialised, high-quality services in asset management at a low cost. Therefore, in the second part, which focuses on risk and portfolio management, both blockchain-based investment opportunities are analysed and FinTech-based solutions discussed that can complement traditional approaches.
Deepen your expertise in the latest innovations in blockchain and fintech, and redesign value creation processes using disruptive technologies.
Legal Basis and Regulations
The General Terms and Conditions (GTC), regulations, and other guidelines for continuing education degree programmes are available for download in the “Guidelines and Downloads” section of the university website.
Tax issues in an international context are becoming increasingly complex. The Executive Master of Laws (LL.M.) in International Taxation offers a part-time professional education programme focusing on national and international tax law, tax treaties and standards, as well as international tax planning and tax compliance and reporting.
The programme emphasises the national and international taxation of companies, private individuals (UHNWI), asset structures (foundations, establishments, trusts, funds), family offices, life insurance policies and financial instruments, as well as FinTech, blockchain and crypto assets
In addition to providing an in-depth understanding of the tax systems of Liechtenstein, Germany, Austria and Switzerland, the programme also covers other jurisdictions including Luxembourg, the United Kingdom (UK), Spain, Ireland, Italy, the Netherlands, China, the United States, Singapore and Hong Kong (China). Participants acquire extensive knowledge of the cross-border taxation of natural and legal entities in relation to international business activities, global assets and international asset structures – taught interactively through numerous case studies.
The LL.M. in International Taxation provides in-depth and up-to-date expertise in national and international tax matters. Through first-class lecturers, practical workshops, and an international study trip, students gain valuable insights into tax law challenges and their regulatory requirements."
The Executive Master of Laws (LL.M.) in International Taxation provides in nine modules in-depth knowledge of the tax systems of Liechtenstein, Germany, Austria, Switzerland, as well as other international financial centers such as Luxembourg, the UK, the USA, Singapore, and Hong Kong. Case studies and current case law specifically prepare participants for cross-border tax challenges.
Module 1 – Tax Systems as well as National and International Tax Law – Taxation of Natural Persons: LI, AT, CH, DE
In Module 1, students receive a solid introduction to the national and international tax law systems of Liechtenstein, Germany, Austria, and Switzerland. The focus is on the taxation of natural persons as well as business and asset-managing partnerships. Current developments and reforms in tax law are addressed in a practice-oriented manner.
Using concrete examples and cross-border case studies, students analyse key questions relating to the allocation of income and wealth, as well as solutions to avoid double taxation, taking into account current case law.
Module 2 – Tax Systems as well as National and International Tax Law – Taxation of Legal Entities: LI, AT, CH, DE
Module 2 provides in-depth knowledge of the national and international tax law applicable to legal entities, particularly corporations and their shareholders. The tax systems of Liechtenstein, Germany, Austria, and Switzerland are examined, taking into account current tax reforms.
Practice-oriented examples and cross-border case studies enable a deeper examination of income and capital allocation, as well as strategies for resolving double taxation issues, based on current case law.
Module 3 – International Tax Cooperation: DTA, TIEA, TA, BEPS, AEOI European Tax Law: EU, EEA
Module 3 provides you with comprehensive knowledge of international tax policy and tax cooperation. The focus is on Double Taxation Agreements (DTAs) and Tax Information Exchange Agreements (TIEAs), based on the OECD Model Tax Convention and concrete agreements between Liechtenstein, Germany, Austria, and Switzerland. The module also covers the global standard of the Automatic Exchange of Information (AEOI) and European tax law, including fundamental freedoms, the prohibition of state aid, and current case law.
In addition, you will learn about anti-abuse provisions, CFC regimes, and OECD measures against base erosion and profit shifting (BEPS). Cross-border case studies are used to further deepen your practical understanding.
Module 4 – International Tax Planning: Asset Structures, Privately Placed Life Insurance, and Tax Criminal Law: LI, AT, CH, DE
Module 4 focuses on the national and international taxation of asset structures such as foundations, establishments, trusts, and life insurance policies in Liechtenstein, Germany, Austria, and Switzerland. You will revisit the taxation of natural and legal persons as well as inheritance, estate, and gift taxes.
The module also addresses exit taxation and existing inheritance tax treaties (DTAs). Cross-border case studies and fundamental knowledge of tax criminal law complement this practice-oriented learning experience.
Module 5 – International Tax Planning: Companies and Groups, Tax Accounting
Module 5 covers tax accounting and international tax planning for companies. You will gain in-depth knowledge of the taxation of holding and financing companies, cross-border financing structures, acquisitions, business relocations, distribution structures, and licensing arrangements. The focus also includes anti-abuse rules, CFC regimes, loss offsetting, and transfer pricing in Liechtenstein, Germany, Austria, and Switzerland.
In addition, you will learn how to structure reorganisations, mergers, seat transfers, and other cross-border transactions in a tax-efficient manner – with a practical emphasis through case studies.
Alternatively, participants may choose to attend an elective module from other Executive Master’s programmes.
Module 6 – International Tax Planning: Capital Investments and Financial Instruments: LI, AT, CH, DE; EU Interest Taxation/Mutual Assistance: Status Quo/AEOI; FATCA, IGAs, QI, AEOI; Luxembourg Tax Law
Module 6 provides in-depth coverage of the national and international taxation of traditional, derivative, and collective capital investments, as well as real estate, tangible assets, and corporate shareholdings as instruments of international tax planning in Liechtenstein, Germany, Austria, and Switzerland. You will learn about the levying of withholding, capital gains, and refund taxes, and compare EU interest taxation, the Automatic Exchange of Information (AEOI), FATCA, and the Qualified Intermediary (QI) regime.
In addition, you will gain insight into the taxation of Luxembourg asset structures and investment vehicles both domestically and abroad – always taught with a practical focus through cross-border case studies.
Module 7 – Joint Study Trip with Students from Other Executive Master’s Programmes: Hong Kong and Singapore
Module 7 is designed as an elective module and offers the opportunity to participate in a study trip of at least six days to Hong Kong and Singapore. The programme includes lectures at renowned universities (including the University of Hong Kong and the National University of Singapore), workshops with consulting and financial services firms, as well as visits to international organisations.
The study trip focuses on topics related to International Private Wealth Management, specifically in comparison between Hong Kong, Singapore, and Liechtenstein. Alternatively, students may choose a module from other Executive Master’s programmes.
Module 8 – Value Added Tax and Sales Tax Law: LI/CH, AT/DE
Tax Procedural Law: LI, CH, AT, DE
National and International Tax Law: USA, UK
Module 8 provides in-depth knowledge of value added tax law in Liechtenstein and Switzerland, as well as the EU VAT Directive, including current case law and its implementation in Germany and Austria. It also covers the fundamentals of tax procedural law in all four countries.
In addition, you will gain practical insights into the tax systems of the USA and the United Kingdom (UK), in particular the taxation of natural and legal entities, as well as asset structures and investment vehicles in the international context.
Alternatively, students may choose to attend any elective module from other Executive Master’s programmes.
Module 9 – Interdisciplinary Workshop International Private Wealth Management: Finance, Law, Tax
In Module 9, you will work together with students from other Executive Master’s programmes on practice-oriented, cross-border case studies in the field of International Private Wealth Management. Through presentations and discussions, you will combine insights from various disciplines and strengthen your ability to solve complex issues.
Currently, no information events can be booked online. In the meantime, we will be happy to advise you personally.
Expand your expertise in international tax law with the Executive Master of Laws (LL.M.) in International Taxation. Actively shape your career – flexible, practice-oriented, and at the highest level.
Legal Basis and Regulations
The General Terms and Conditions (GTC), regulations, and other guidelines for professional education degree programmes are available for download in the “Guidelines and Downloads” section of the university website.
Advisory and structuring practice in company, foundation and trust law requires specific knowledge that goes beyond the boundaries of the Liechtenstein legal system. By imparting national, European and comparative legal knowledge, participants are enabled to provide cross-border advice and to engage with international developments in legal scholarship on an equal footing. From a comparative law perspective, particular focus is placed on the legal systems of neighbouring countries Germany, Austria and Switzerland, as well as the Anglo-American legal system.
The LL.M. in Company, Foundation and Trust Law at the University of Liechtenstein was perfect for broadening my legal horizons internationally after my first state examination while simultaneously gaining professional experience. The programme was a genuine enrichment both academically and personally."
The programme offers a valuable overview of national and international company law while also providing the detailed knowledge necessary for practical application."
The LL.M. programme not only provides in-depth professional education in company, foundation and trust law but also creates opportunities for interdisciplinary exchange — for example, in workshops and study trips. The strong practical focus was especially valuable, allowing me to apply what I learned directly in my daily work."
The programme offers in-depth study in nine modules of Liechtenstein, European and international company, foundation and trust law as well as related cross-cutting topics. Taking current legal developments into account, the programme provides specialised legal training that covers Liechtenstein-specific features alongside fundamental knowledge of European law and comparative law.
Module 1 – Fundamentals of the Liechtenstein Legal System and Company Law
This module forms the foundation for further knowledge transfer in the LL.M. programme. The initial focus is on the fundamentals of company law and the structuring possibilities of the segmented legal entity. Participants distinguish between legal entities and partnerships without legal personality. They learn about the various legal forms of partnerships (simple partnership, general partnership [offene Gesellschaft], limited partnership) and cooperatives.
Subsequently, the legal forms of common corporate entities (GmbH and stock corporation) are presented in detail. Advantages and disadvantages of these company types — each compared with neighbouring legal systems — are also covered. Case studies deepen the learned material and integrate it into practical work.
The module concludes with an introduction to European law concerning the legal form of the Societas Europaea and the European Economic Area, as well as their significance for Liechtenstein, particularly considering the European fundamental freedoms and the general prohibition of discrimination.
Module 2 – Liechtenstein Foundation and Anstalt Law
In the second module, students are provided with fundamental knowledge of Liechtenstein foundation and anstalt law. Participants gain a thorough understanding of the two central legal forms within the Liechtenstein legal system and their structuring options. They receive insight into the basic structural and essential characteristics of both private and charitable foundations as well as the anstalt, and are informed about specific features compared with other jurisdictions.
Additionally, students are introduced to commercial register law and learn about foundation supervision, which is exercised by the Foundation Supervisory Authority and the courts. The acquired knowledge is consolidated through case studies. This provides students with insight into succession planning methods using Liechtenstein legal forms as well as creditor protection.
Module 3 – Austrian, Swiss, German, European and International Foundation Law
The third module begins with imparting knowledge of foundation law in Austria, Switzerland and Germany. Participants gain a thorough understanding of the legal forms of the Austrian private foundation, the Swiss and German foundations, as well as their characteristics and structuring options.
The module opens with an insight into the structural and essential features of each foundation and the particularities of the respective legal systems. Building on this foundation, links to Liechtenstein foundation law (Module 2) are established and comparative legal considerations are made. Due to the close relationship between Austrian and Liechtenstein foundation law — influenced by mutual reception in the past — the focus is placed on the similarities and differences in structuring options between the two systems. To deepen their understanding of the various foundation law regimes, participants apply their knowledge in case studies following the lectures, working through practical scenarios.
The module concludes with an introduction to Swiss charitable foundation law, which has taken a pioneering role with the creation of the legally non-binding Swiss Foundation Code.
In addition to general information about charitable foundation law, particular attention is paid to the development and design of the Swiss Foundation Code and practical experience with this regulatory framework. The question is also discussed whether the introduction of such a legally non-binding self-regulation code would be advisable for Liechtenstein as well.
Module 4 – Liechtenstein Trusteeship, English and International Trust Law
The fourth module of the programme is entirely devoted to trusteeship and trusts. Participants begin by learning about the Liechtenstein trust company as well as the trust under Liechtenstein law. Fundamental concepts, the relevant legal framework, and the differences and similarities are presented.
Participants acquire knowledge of the various forms of the Liechtenstein trust company, the individual governing bodies and the settlor’s influence options. The legal status of the settlor, rules on representation and liability, as well as the rights of beneficiaries and creditors, are also examined.
Since trusts are largely foreign to continental European law, the module first covers in-depth doctrinal foundations. This is followed by instruction on the establishment, external effect and influence options over the trust, as well as the legal status of the trustee, the settlor and the beneficiaries. These aspects are also taught comparatively with reference to English trust law. All acquired knowledge is expanded and deepened through practical case studies.
Module 5 – Study Trip to the USA
Module 5 offers a diverse and varied programme guaranteed to provide highly engaging experiences. In addition to visits to renowned universities featuring workshops and lectures tailored to the LL.M. programme, relevant national and international companies, organisations and embassies are also part of the trip. Encounters with various personalities from academia and practice further offer opportunities to expand one’s knowledge base and establish valuable contacts.
Participants fulfil the required examination performance by submitting an essay. Instead of the study trip, there is also the option to take a freely chosen module from other Executive Master’s programmes. This provides an opportunity to broaden one’s expertise in other areas of law or taxation according to individual needs.
Furthermore, there is the possibility to complete a case study within the framework of the “I&F Family Wealth Preservation Awards” or attend courses worth 5 ECTS for topic-specific preparation for the Liechtenstein trust officer examination in the certificate and diploma programmes in trust services offered by the Chair.
Module 6 – European and International Company Law with Liechtenstein Reference and Fundamentals of Compliance
The sixth module deals with international company law regulations in the Liechtenstein context. Following a basic introduction to UK company law, the fundamental differences between common law and civil law systems are examined in depth. Building on this, participants become familiar with national and international legal sources relevant to cross-border company law matters.
Central aspects of international company law in conjunction with national regulations are explained thoroughly, alongside the available supranational legal forms. The importance of the company statute as a connecting element, the possibility of relocating company headquarters and the resulting consequences are also discussed extensively.
Further key focuses of this module include police and judicial cooperation in civil and criminal matters, as well as the national due diligence law. Participants gain an overview of the respective requirements, regulations and procedural processes. In this context, particular attention is given to the specifics of anti-money laundering efforts, including insights into the procedures involved. The module is rounded off with the fundamentals of economic criminal law.
Instead of elective Module 6, participants may choose a freely selectable module from one of the concurrently running Executive Master’s programmes. Alternatively, there is the option to complete a case study within the framework of the “I&F Family Wealth Preservation Awards” or to attend subject-specific courses worth 5 ECTS for preparation for the Liechtenstein trust officer examination offered as part of the certificate and diploma programmes in trust services provided by the Chair.
Module 7 – Study Trip to Selected Trust Law Destinations
Module 7 is offered as an elective. Students can complete the module by participating in the study trip. Alternatively, they have the option to attend any module from the other concurrently offered Executive Master’s programmes. Additionally, there is the possibility to complete a case study within the framework of the “I&F Family Wealth Preservation Awards” or to attend subject-specific courses worth 5 ECTS for preparation for the Liechtenstein trust officer examination, offered as part of the certificate and diploma programmes in trust services provided by the Chair.
The study trip programme includes lectures at renowned universities as well as workshops and presentations at local institutions and companies, alongside visits to international organisations. Key topics from the local legal environment relating to Liechtenstein as well as from other continental European legal systems are discussed. A diverse accompanying programme complements the study trip content.
Module 8 – Asset Planning and Structuring in the Context of International and National Inheritance, Matrimonial Property, Avoidance and Insolvency Law
The eighth module is dedicated entirely to asset planning and structuring. The first part focuses on international inheritance and matrimonial property law. Participants are initially introduced to the international procedural law fundamentals of Liechtenstein as well as the neighbouring countries (Germany, Austria, Switzerland) regarding inheritance and matrimonial property law, along with relevant international agreements in these areas. Subsequently, the substantive matrimonial property law of the individual jurisdictions is addressed progressively and compared.
With regard to international inheritance law, the module first intensively discusses the applicable agreements and Liechtenstein’s conflict of law provisions. Special emphasis is then placed on international inheritance law before the procedural approach is explained. An overview of international insolvency and avoidance law concludes the first part.
The second part focuses on the possibilities and requirements of asset protection, especially from matrimonial property and inheritance law perspectives as well as in relation to the family office.
Module 9 – International Private Wealth Management (Interdisciplinary Workshop)
In the ninth module, an interdisciplinary workshop takes place in which students from all Executive Master’s programmes jointly address, discuss and present specific cross-cutting topics in international private wealth management through cross-border case studies. This enables the disciplinary insights gained in the individual programmes to be combined across fields.
Currently, no information events can be booked online. In the meantime, we will be happy to advise you personally.
Apply now for the Executive Master of Laws (LL.M.) in Company, Foundation and Trust Law! This specialised professional education programme is unique in the German-speaking region and offered only at the University of Liechtenstein in this form. Benefit from practice-oriented knowledge, renowned lecturers and an excellent network. Get informed now and take off!
Legal Foundations and Regulations
The general terms and conditions (GTC), regulations and other guidelines for the professional education programmes are available for download on the Guide and Downloads page.
Banking and Financial Market Law is a key area for a stable and innovative financial sector. Our professional education offerings are aimed at professionals who want to navigate the complex regulatory environment more effectively, expand their legal expertise and address current challenges in Liechtenstein’s financial centre. The focus is on practice-relevant topics in banking and financial market law, always with an eye on national and European frameworks. Whether banking law, capital markets law, anti-money laundering compliance or related areas, our programmes offer solid legal guidance for specialists and executives.
The financial industry is a highly complex and extensively regulated economic sector. Those who want to succeed within it must know the rules of the game. Expert knowledge in regulation is in demand!"
The LL.M. in Banking and Financial Market Law covers the essential legal frameworks concerning banks, insurance companies, funds, asset management and new business models in nine modules.
Topics include European and international financial market law, banking law, capital markets law, as well as the specific legal systems of Liechtenstein and Switzerland. Additionally, subjects such as anti-money laundering, corporate governance, digital innovation and sustainability, as well as practice-oriented case studies, are addressed..
Module 1 – Fundamentals of Financial Market Law
Module 1 of the Executive Master of Laws (LL.M.) in Banking and Financial Market Law covers the fundamentals of Liechtenstein and European banking and financial market law. It includes legal and economic aspects such as supervisory law, civil law basics, and the interplay of national and European supervisory authorities like the EBA and ESMA. Students learn the basics of banking operations as well as economic theories and risk management. Special attention is given to EEA financial market law and the principles of corporate finance and accounting.
Module 2 – Banking Law
The module "Banking Law" covers the fundamentals of Liechtenstein and European banking supervisory law within the context of the banking union. The focus is on the CRD, CRR and the Banking Act, including licensing requirements, corporate governance and bank resolution. A key emphasis is placed on capital requirements under the Basel framework as well as the activities of the Financial Market Authority (FMA). Other topics include banks’ conduct obligations, business models, the Capital Requirements Regulation (CRR) and macroprudential supervisory mechanisms in the banking sector.
Module 3 – Payment Transactions and Anti-Money Laundering Prevention
Module 3 covers Liechtenstein and European payment transactions law, ranging from the PSD through regulation of payment accounts to e-money institutions. It addresses key payment services directives and framework agreements such as credit card and online banking contracts. Another focus is on anti-money laundering prevention, with an emphasis on the Liechtenstein Due Diligence Act and the European Anti-Money Laundering Directive. Topics such as terrorist financing, FATCA and the automatic exchange of information (AEOI) are also covered.
Module 4 – Capital Markets Law
Module 4 covers Liechtenstein and European capital markets law, including primary and secondary market law as well as market infrastructure regulations. Key topics include the Prospectus Regulation, MiFID requirements and the Market Abuse Regulation (MAR). Other focuses are transparency obligations in derivatives trading (MiFIR), the EU regulation on OTC derivatives (EMIR) and clearing requirements. Additionally, custody, settlement and conduct obligations in securities services are addressed, including current developments such as sustainability in capital markets.
Module 5 – Fund Law
Module 5 deepens knowledge of Liechtenstein and European investment fund law, with a focus on UCITS and AIFM regulations. It covers fund structuring, taxation and the regulation of hedge funds, prime brokers and custodians. Students become familiar with key fund law regulations such as the UCITSG and AIFMG. Emphases include the licensing of fund managers, conduct obligations in capital investments, as well as specific European fund regimes like EuVECA and ELTIF. Pension funds and tax aspects of fund structuring are also addressed.
Module 6 – Insurance Law
Module 6 provides fundamental knowledge in insurance law, including insurance supervisory law (Solvency II), insurance mediation (IDD, PRIIP Regulation), as well as Liechtenstein, Swiss and Austrian insurance contract law. It covers insurance contracts (VersVG, ABGB) and cross-border insurance services, particularly within the EEA. Key focuses are the regulation of insurance companies, pension funds and occupational pension schemes (BPVG). Additionally, the obligations of insurance mediation and product regulation under the PRIIP Regulation are addressed.
Module 7 – Study Trip
Module 7 comprises a six-day study trip tailored to the programme’s topics. The trip includes visits to supervisory authorities, international organisations, universities and law firms, as well as workshops. Students have the opportunity to engage with the course content, gain an international perspective on the subjects and network with professionals as well as fellow students. The study trip fosters both professional and personal networks.
Module 8 – Digitalisation and Sustainability
Module 8 offers an in-depth insight into current regulatory developments in the areas of digitalisation and sustainability. The focus lies on the regulation of crypto assets (TVTG, MiCAR, DLT Pilot Regime), data protection law and European sustainability regulation. FinTech trends such as digital asset management, algorithmic trading and crowdfunding platforms are covered. The module also examines European platform regulations (DMA, DSA) as well as the legal framework for sustainable finance (Taxonomy Regulation, CSRD). Additional topics include sustainable lending and investment advice under MiFID II.
Module 9 – International Private Wealth Management
Module 9 consists of an interdisciplinary workshop in which students from various executive master’s programmes collaborate. In teams, they work on a case study covering a cross-cutting topic in international private wealth management. The case study includes banking and financial market law as well as company and tax law. Students simulate a real advisory situation, solve complex legal issues and present their results in an interdisciplinary discussion with participants from other programmes. This fosters practice-oriented problem solving and teamwork.
Currently, no information events can be booked online. In the meantime, we will be happy to advise you personally.
Apply now for the Executive Master of Laws (LL.M.) in Banking and Financial Market Law and prepare yourself specifically for responsible roles in the financial sector! Become an expert in one of the most dynamic areas of law and expand your network with leading figures in the financial industry.
Legal Foundations and Regulations
The general terms and conditions (GTC), regulations and other guidelines for the professional education programmes are available for download on the Guide and Downloads Guide and Downloads page.
Economic crime – from tax evasion and money laundering to cybercrime and cryptocrime – poses growing challenges for both states and companies. The Executive Master of Laws (LL.M.) in Economic Criminal Law provides in-depth expertise in Liechtenstein, EEA, European, and international economic criminal law, Liechtenstein administrative criminal law, and Liechtenstein criminal procedure law. The programme combines academic foundations with practical application and qualifies graduates for responsible roles in criminal defence, prosecution, criminal compliance, and crime prevention.
The Master's programme impresses with its contemporary and comprehensive curriculum. If I were a student again – I would choose this LL.M. programme."
A comprehensive and uniquely designed programme. An essential resource for anyone working in business law who wishes to address the ever-present criminal law risks. Think strategically, act with legal insight – choose our LL.M. in Economic Criminal Law!"
The programme offers a highly specialised legal education that provides in-depth knowledge of economic criminal law and procedural law, taking into account European and international contexts."
Digitisation is no longer a sideshow, but a structural driver of both economic and regulatory dynamics. Those who think business, law, and technology together can not only manage complexity, but also shape it."
White-collar crime is at a record high. It is all the more important for companies and their employees to correctly assess the threat situation, take effective measures, and respond appropriately in the event of a crisis. With its practical orientation, the degree programme makes an important contribution to this."
The LL.M. programme provides in nine modules in-depth knowledge of Liechtenstein, European, and international criminal law, corporate criminal law including compliance and whistleblowing, the criminal law aspects of the digital age including modern IT technologies such as blockchain and artificial intelligence, and finally criminal procedure law.
The first three modules can also be taken as the Certificate Programme in Economic Criminal Law.
Module 1 – Fundamentals of Economic Criminal Law
This introductory module covers the basic principles of economic philosophy as well as the theoretical foundations of criminal law, economic criminal law, and, in addition, administrative criminal law. Students gain insight in particular into the Liechtenstein Criminal Code, theories of punishment, and the societal role of criminal law, and learn the principles of criminal liability as well as the requirements for criminal conduct. The module conveys the fundamental categories of criminal law, such as action and omission, causality, intent and negligence, attempt and participation, sentencing, active repentance, and limitation periods. The knowledge acquired is deepened through case studies.
Students acquire the necessary knowledge to follow the subsequent modules of the programme. They are familiar with the theoretical foundations of criminal law as well as its basic terminology and have gained basic knowledge in economic philosophy.
Module 2 – Economic Criminal Offences in the Criminal Code (StGB)
In this second module, students acquire in-depth knowledge of the Liechtenstein Criminal Code. The focus is on economic criminal offences, in particular property offences such as fraud, breach of trust, and embezzlement; document-related offences; insolvency offences; and corruption offences, such as bribery and acceptance of bribes, prohibited intervention, or acceptance and granting of advantages. These offence categories are examined in detail and explained comprehensively. The knowledge acquired is consolidated through the analysis of practice-oriented case studies, enabling a deeper understanding of the application of legal provisions. The module concludes with a comparative law section in which selected countries and their specific criminal provisions are examined.
Students gain comprehensive expertise regarding key economic criminal offences covered by the Criminal Code. They are able to identify criminally relevant facts, analyse pertinent issues, develop corresponding solutions, and apply them in practice.
Module 3 – Money Laundering and Supranational Criminal Law
In this third module, at both the national and supranational levels, the subject matter concerning the central concept of money laundering in a broad sense is addressed. First, the fundamentals of the Liechtenstein Due Diligence Act (SPG) are taught, which aims to combat money laundering, organised crime, and the financing of terrorism within the meaning of the Criminal Code. This is followed by a review of the relevant criminal provisions.
Given the cross-border nature of these criminal phenomena, the module explains Liechtenstein’s criminal jurisdiction, which governs cases with foreign elements, and presents the basics as well as the most important institutions of European, EEA, and international criminal law. The module concludes with an introduction to legal research.
Students acquire expertise on professional due diligence obligations for combating money laundering, organised crime, and terrorist financing. They are able to recognise these criminal phenomena, identify cases with a foreign element, and develop appropriate solutions. In addition, they become familiar with the fundamental concepts of EU, EEA, and international criminal law.
Module 4 – Economic Criminal Offences in Laws of Matter (or Elective Module)
In the fourth module, students are introduced to economic criminal provisions enshrined in various laws of matter. They acquire in-depth knowledge of tax and customs criminal law, accounting and capital market criminal law, as well as the provisions for the criminal protection of secrets. In addition, they engage intensively with the legal foundations and practical aspects of international sanctions. Due to the accessory nature of these criminal provisions, the underlying non-criminal behavioural norms are also examined in detail. The acquired knowledge is deepened through practice-oriented case exercises and integrated into concrete application situations, thus preparing students to solve real cases.
Students gain in-depth knowledge of the most important criminal provisions in secondary criminal law. They are able to analyse relevant actions in practice, solve complex issues, and develop targeted, academically sound solutions.
Alternatively, students may take a module from one of the LL.M. programmes offered in parallel. This allows them to expand their expertise in other areas of law according to their individual needs.
Module 5 – Criminal Law and Companies
In the fifth module, the focus shifts to companies. First, the corporate criminal liability stipulated in the Criminal Code in cases of misconduct by management personnel – or, in the case of so-called organisational fault, by other employees – is explained. This is followed by the broad field of criminal compliance, with particular emphasis on building compliance architecture, providing preventive advice to companies, and conducting internal investigations. The aim of internal investigations is to identify and clarify compliance violations within the company, develop strategies to remedy these violations, and, where necessary, support cooperation with external authorities.
The topic of whistleblowing is also addressed, referring to the reporting of grievances – in particular compliance violations or breaches of law – by a whistleblower either within the company or to an external body. Finally, students gain in-depth knowledge of copyright criminal law, unfair competition criminal law, and criminal provisions in various intellectual property rights. Practical case studies are used to illustrate the course content.
Students acquire in-depth knowledge of corporate criminal law as well as other relevant criminal provisions in the context of business activities. They are able to identify criminal risks at an early stage, develop and implement appropriate compliance strategies to minimise risk within a company, and actively participate in internal investigations.
Module 6 – Criminal Law and Digitalisation
The sixth module provides in-depth knowledge in the field of digitalisation, which presents new challenges for the law. First, the most important criminal provisions for addressing cybercrime are explained, distinguishing between cybercrimes in the narrow and broad sense. The former comprise offences in which attacks on data or computer systems are committed using information and communication technology, such as hacking. The latter refer to offences in which information and communication technology is used to plan, prepare, or commit conventional criminal offences, such as phishing. This is followed by the topic of cybersecurity.
A further key focus of the module is on modern technologies such as blockchain and artificial intelligence (AI). The blockchain technology has given rise to the token economy. Particular attention is given to the Liechtenstein Blockchain Act (TVTG), followed by an outline of the criminal law aspects of blockchain. Artificial intelligence is introduced to the students, particularly the possible uses of generative AI, such as ChatGPT, in professional practice. After presenting the legal framework for the use of AI, ethical and criminal law issues are addressed.
Students acquire the ability to identify and practically resolve criminal law issues in a digital context. They are able to deal competently with the challenges posed by tokens and AI.
Module 7 – Study Trip (or Elective Module)
The seventh module is designed as an elective module and can be completed by participating in the study trip, which provides interesting and insightful impressions of significant supranational institutions that are also highly relevant to the implementation of law in the Principality of Liechtenstein. The programme, tailored to the LL.M. programme, includes guided tours at key European authorities, workshops at companies, as well as visits to international courts and organisations. Meetings with experts from practice and academia offer the opportunity to deepen one’s knowledge and make valuable contacts. A supplementary social programme rounds off the study trip.
Instead of the study trip, students may choose to attend any module from the other Master’s programmes in Banking and Financial Market Law, Corporate, Foundation and Trust Law, or International Taxation. This makes it possible to expand one’s expertise in other areas according to personal interests.
Alternatively, for this module, students may write a seminar paper on a subject area covered in the LL.M. programme.
Module 8 – Criminal Procedure
The eighth module is dedicated to criminal procedure. Students first learn the principles of Liechtenstein criminal procedure before the pre-trial stage is explained in detail. Of particular importance are the rights of the parties involved as well as the taking of evidence, including the grounds for giving testimony and for exemption. Investigative measures such as searches and seizures, as well as the rules on inadmissible evidence, are also examined in depth. In the trial stage, the focus is on the final hearing. As the course progresses, students gain deeper insight into the appeals procedure.
As a necessary complement, in-depth knowledge of international mutual legal assistance law is provided, which is particularly crucial when dealing with cases involving cross-border elements. The module is rounded off by an explanation of the procedural provisions of the Liechtenstein Administrative Criminal Law Act.
Students acquire advanced knowledge of criminal procedure law and are able to apply it competently and successfully to domestic cases. They also develop the expertise required to handle cross-border criminal proceedings efficiently.
Module 9 – Case Studies
In this module, case studies are conducted in which students analyse, discuss, and present solutions for extensive, practice-relevant cases covering the entire course content. By working through the cases in detail, the knowledge acquired in the previous modules is consolidated and integrated into practical work.
Upon completion of this module, students will be able to apply their theoretical knowledge in practice and develop targeted, academically sound solutions for complex issues.
Currently, no information events can be booked online. In the meantime, we will be happy to advise you personally.
Deepen your expertise with the Executive Master of Laws (LL.M.) in Economic Criminal Law and qualify for demanding leadership positions. Take this opportunity to advance your career to the next level – practical, flexible, and of the highest calibre!
Legal Basis and Regulations
The General Terms and Conditions (GTC), regulations, and other guidelines for professional education degree programmes are available for download in the “Guidelines and Downloads” section of the university website.
The diverse professional education programmes at the University of Liechtenstein offer you the opportunity to further develop your professional and personal skills while working.
The programmes are designed to meet the current needs of participants and address key issues in business and society. By combining academic knowledge with professional practice, our professional education is characterised by clear application and benefit orientation as well as efficient learning models. With a certified professional education programme at the University of Liechtenstein, you will not only expand your knowledge but also your professional network – in Liechtenstein, the Rhine Valley, and the entire DACH region.
Depending on the programme, you can benefit from up to a 10% early-bird discount. Full details can be found directly on the respective programme pages. This makes your professional education not only an investment in your future, but also financially particularly attractive.
Our professional education programmes span the five subject areas of Architecture, Entrepreneurship and Management, Finance and Economics, Information Systems, AI and Digitalisation, as well as Business Law and Taxation. These core disciplines are complemented by topics of particular current relevance and by programmes focusing on personal development.
The course formats at the University of Liechtenstein are modelled on those typically offered at Swiss universities. They differ in duration and in the academic achievements required from participants, which are generally measured in credit points according to the European Credit Transfer and Accumulation System (ECTS). The degree programmes are complemented by compact formats designed either for beginners or for the in-depth exploration of a specific subject area.
Professional education at the University of Liechtenstein means more than just acquiring specialist knowledge. Our impressions and retrospectives convey the unique atmosphere, from inspiring events to networking aperitifs and awards ceremonies to professional symposia. Experience how exchange, community, and practical relevance are brought to life with us.
The University of Liechtenstein looks back on an eventful and successful year in 2024. Rising student numbers, increased research output, and an intensive strategic process reflect the university’s positive development.
At the heart of this progress are not only key strategic decisions, but above all the commitment of staff and students, whose diversity, expertise, and international outlook continue to shape the university’s profile.
