2026-09-17
Added · Updated
The FMA Appeals Commission granted suspensive effect to TGI AG's appeal exclusively regarding the order to retain deposits for the “Customer Basic 2%,” “Sales Premium,” and “Sofortrabatt” products. The substantive legality of the order remains unruled and the proceedings are still pending. All other measures ordered by the FMA, including the immediate cessation of distribution and public offering of these products, remain in full force.
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18.09.26
In its (partial) decision dated August 12, 2026, the FMA Appeals Commission ruled on the appeal filed by TGI AG against the FMA’s order to revoke the suspensive effect. In doing so, the appeal was granted suspensive effect exclusively with respect to the order regarding the continued retention of deposits received in connection with the “Customer Basic 2%,” “Sales Premium,” and “Sofortrabatt” products.
The decision concerns only the provisional enforceability of this order. No ruling was made on its substantive legality; this remains the subject of the proceedings, which are still pending and have not yet been conclusively resolved.
In all other respects, the measures ordered by the FMA remain in full force. This applies in particular to the order to immediately cease the distribution and public offering of the aforementioned products.
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Source: Finanzmarktaufsicht Liechtenstein — original document
Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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