AGP Executive Report

Royal Engagement: Prince Georg of Liechtenstein has confirmed his engagement to Princess Maria-Nives von der Leyen, with a wedding expected in Germany in late summer 2027. Succession Shake-up: Hereditary Prince Alois also explained Liechtenstein’s move away from 400 years of male-line succession toward firstborn priority, including daughters. Digital Property Rights: A new look at how Liechtenstein’s TVTG law has turned the country into a practical European hub for tokenised rights and digital property. EU Neighbour Watch: Iceland’s EU-accession referendum is set for 29 August, with fisheries and Arctic security driving a tight race that could reshape the EEA—where Liechtenstein already sits alongside Iceland and Norway. EU Tech Policy: Google is easing a contested spam rule across the EEA (including Liechtenstein) from 30 August after an EU Digital Markets Act probe. Health Rights Spotlight: A report highlights Liechtenstein’s strict abortion ban and the information ban that leaves patients navigating cross-border access largely on their own.

Succession Shake-Up in Liechtenstein: Hereditary Prince Alois says Liechtenstein’s house law will end centuries of male-line succession, prioritising the firstborn child (including daughters), with gender equality and the realities of a family spread across borders driving the change. Local Finance Watch: VP Bank reports a 12.7% rise in first-half profit to SFr32.4m, with assets under management up to SFr57.1bn and net new money inflows of SFr1.4bn. Cross-Border Policy Context: A new Swiss law on international successions (in force since Jan 1, 2025) clarifies which country’s inheritance rules apply when foreign residents inherit Swiss property, and Switzerland is also moving to standardise land-registry inscriptions. EU/EEA Neighbour News: Iceland’s EU referendum is set for Saturday, with fisheries and sovereignty at the centre of the debate; Liechtenstein is repeatedly referenced as part of the EEA alongside Iceland, Norway and Switzerland. Big Tech in Europe: Google adjusts its EU spam enforcement after an antitrust probe, with manual demotions under its site reputation abuse policy no longer applying to users in the EU plus Iceland, Norway and Liechtenstein from Aug. 30.

Mercosur-EFTA Trade Deal: Argentina’s Senate backed the historic free trade agreement between Mercosur and EFTA in a unanimous vote, with Liechtenstein included via the EFTA bloc. Liechtenstein Succession & Royal House: Hereditary Prince Alois said Liechtenstein is moving away from 400 years of male-line succession, adopting firstborn priority including daughters. Vatican Finance With Liechtenstein Links: Pope Leo XIV appointed Princess Gisela Bergmann of Liechtenstein to a Vatican economy council role, as the princely house prepares its succession change. Digital Property Law: A look at how Liechtenstein’s TVTG tokenisation framework has made it a practical European hub for digital property rights. Abortion Access Debate: A report highlights how Liechtenstein’s strict abortion ban and information restrictions leave patients relying on travel for care. Banking Watch: VP Bank reported higher H1 profit and rising assets under management, adding to a run of Liechtenstein private-banking updates. EU Referendum Context (Iceland): Iceland’s EU-accession referendum on 29 August remains tight, with fish and fisheries policy at the center—an issue that also matters for the EEA single market shared with Liechtenstein.

Digital Property Rights: Liechtenstein is being hailed as Europe’s “lab” for digital property law, with its TVTG framework turning tokenisation into a legally usable way to transfer rights and assets. Royal Succession: Hereditary Prince Alois says Liechtenstein’s shift away from 400 years of male-line succession is about gender equality and readiness to lead, with the firstborn—daughters included—now taking priority. Vatican Finance: Pope Leo XIV has appointed Liechtenstein princess Gisela Bergmann to help manage the Holy See’s finances, linking the role to her experience in the principality’s wealth business. Banking Watch: VP Bank reports a 12.7% rise in first-half profit to SFr32.4m and higher assets under management, while Kaiser Partner Privatbank tops CHF 10bn in assets and posts stronger half-year earnings. Travel & Mobility: Kyivstar launches a “Travel SIM” eSIM for roaming data, available in Liechtenstein among other countries. EU Neighbour Politics: Iceland’s EU referendum on restarting talks is driving fresh focus on the EEA’s future—especially for Liechtenstein and Norway.

Liechtenstein Succession & Identity: Hereditary Prince Alois says Liechtenstein’s 400-year male-line rule is over, shifting to firstborn priority (including daughters) to reflect gender equality and the realities of a small state. Vatican Finance: Pope Leo XIV appoints Princess Gisela Bergmann of Liechtenstein to advise on the Holy See’s finances, linking the move to Liechtenstein’s own succession overhaul. EU/EEA Politics: A key parliamentary step backs EEA Financial Mechanism memoranda involving Iceland and Norway (with Liechtenstein in the EEA mix), while Iceland’s EU referendum looms—polls show a narrow “yes” lead and fish/fisheries remain the flashpoint. Schengen & Travel Rules: Spain confirms Iceland, Liechtenstein, Norway and Switzerland can enter with a national ID card, and Schengen access rules keep tightening across Europe. Banking & Wealth: VP Bank reports higher H1 profit and rising assets under management, underscoring continued momentum in Liechtenstein’s private banking sector. Health & Access: EU approval clears DAYBU (trofinetide) for Rett syndrome, including access across EU plus Iceland, Liechtenstein and Norway.

Succession Update: Hereditary Prince Alois says Liechtenstein’s house law has shifted away from 400 years of male-line succession toward firstborn priority, including daughters, citing gender equality and readiness for head-of-state duties. EU Referendum Watch: A new poll ahead of Iceland’s Aug. 29 vote shows a narrow majority backing a restart of EU accession talks, with any deal still requiring a second referendum. Finance & Markets: Germany’s finance minister Lars Klingbeil, speaking in Schaan, links the recent bond-yield jump to uncertainty from the war in Iran, warning of higher borrowing costs. Banking Results: VP Bank reports H1 profit up 12.7% to SFr32.4m and assets under management up 6.4% to SFr57.1bn, citing commission growth and cost reductions. Health Milestone: The European Commission approved Acadia’s DAYBU (trofinetide) for Rett syndrome neurobehavioral symptoms in the EU, including Iceland and Liechtenstein. Travel Connectivity: Kyivstar launched a “Travel SIM” eSIM for roaming mobile internet, available in Liechtenstein among other countries.

Local Finance: VP Bank reported a 12.7% rise in first-half profit to SFr32.4m, with assets under management up 6.4% to SFr57.1bn, driven by higher commission and service income and cost cuts. Local Banking Growth: Kaiser Partner Privatbank said assets under management climbed 5.6% to a record CHF 10.3bn and profit rose 14.7% to CHF 6.7m in the first half, as net new money inflows reached CHF 0.5bn. Local Governance: Liechtenstein is changing its throne succession rules after more than 400 years, moving to absolute primogeniture so the eldest child—regardless of gender—can succeed. Travel & Mobility: Kyivstar launched a “Travel SIM” eSIM for roaming data, available in 38 countries including Liechtenstein. Health & Pharma (EU-wide, includes Liechtenstein): The European Commission approved DAYBU (trofinetide) for Rett syndrome symptoms and also cleared Trodelvy plus Keytruda for first-line metastatic triple-negative breast cancer. Sports Governance: UEFA chief Aleksander Ceferin ruled out a FIFA presidency challenge, while FIFA president Gianni Infantino pushes for re-election amid growing opposition.

Liechtenstein’s Succession Update: Liechtenstein has ended male-only throne succession, switching to the eldest child regardless of gender, with women also gaining a vote on the Princely House law. EU Border Rules for Liechtenstein Travelers: Spain and the UK both published lists confirming that people from Liechtenstein can enter using only a national ID card, with family members covered in Spain’s rules. Finance in the Region: Germany’s finance minister, speaking in Schaan, Liechtenstein, blamed rising bond yields on global uncertainty tied to “Trump’s war in Iran,” warning of higher borrowing costs. Health & Access in Europe: The European Commission approved Acadia’s DAYBU (trofinetide) for Rett syndrome symptoms across the EU, including Iceland and Liechtenstein, and also authorized Gilead’s Trodelvy plus Keytruda for first-line metastatic triple-negative breast cancer, extending coverage to Liechtenstein. Sports Governance: UEFA chief Aleksander Ceferin ruled out a FIFA presidency bid, saying Infantino is likely to face an opposition candidate in March.

Health & Regulation: The European Commission has approved Gilead’s Trodelvy (sacituzumab govitecan) plus Merck’s Keytruda for first-line metastatic triple-negative breast cancer for patients with PD-L1 CPS ≥10, with EU-wide coverage that also includes Norway, Iceland and Liechtenstein. Rare Disease Access: Acadia’s DAYBU (trofinetide) has also been cleared by the EC as the first and only EU-authorised treatment for Rett syndrome neurobehavioral symptoms for patients aged five and up, including Liechtenstein, though pricing and reimbursement talks still come next. Local Economy & Finance: LGT Group reported a 17% jump in first-half 2026 profit to SFr281.6m, with assets under management hitting a record SFr412.6bn. Royal Succession: Liechtenstein has changed its throne succession rules after 400 years, ending male-only inheritance so the eldest child can inherit, regardless of gender. Regional Policy Watch: Germany’s finance minister said rising bond yields are linked to “Trump’s war in Iran,” with the remarks made during a meeting of German-speaking finance ministers in Liechtenstein.

Royal Succession Reform: Liechtenstein has ended male-only inheritance after more than 400 years, switching to absolute primogeniture so the eldest child—regardless of gender—can inherit the throne, with women also gaining a vote on the Princely House law. Banking & Finance: LGT reported a 17% jump in first-half 2026 profit to SFr281.6m, with assets under management rising 7% to a record SFr412.6bn as net new assets reached SFr12.3bn. Sports Governance: FIFA election politics heated up as UEFA chief Aleksander Ceferin ruled out a run for FIFA presidency but warned Infantino could face a challenger in March, after backlash over a plan to sell part of World Cup commercial rights. Travel Rules (Liechtenstein link): The UK says travellers may enter with a national ID card issued by EU states plus Switzerland, Norway, Iceland and Liechtenstein. Culture & Literature: Vaduz writer Mathias Ospelt is profiled for turning Liechtenstein’s small-country life into crime fiction and myth-rich stories.

Liechtenstein Succession Reform: Liechtenstein has ended male-only primogeniture, switching to absolute primogeniture so the firstborn child—regardless of sex—can inherit the throne, a historic change announced by Hereditary Prince Alois. LGT Wealth Milestone: LGT reported first-half 2026 results with profit up 17% to SFr281.6 million and assets under management rising 7% to a record SFr412.6 billion, driven by net new inflows of SFr12.3 billion. Diplomacy with Liechtenstein in the mix: Venezuela’s National Assembly approved opposition politician Enrique Ochoa Antich as ambassador to Switzerland with concurrent accreditation to Liechtenstein. Regional Security Warning: Germany’s foreign minister said Russia’s hybrid threats can reach neutral countries too, pointing to vulnerabilities across Europe’s critical infrastructure—an issue that directly concerns Liechtenstein’s wider region. Tech and Identity: WISeKey appointed Alexander Hirsch as group chief marketing officer, as the Geneva-based firm pushes further into digital identity and cybersecurity. Global Tech Policy Watch: Cyprus plans to replace passport control scanners with automated e-gates as it moves toward Schengen border-free travel.

Royal Succession Reform: Liechtenstein has ended male-only primogeniture after 400 years, shifting to absolute primogeniture so the firstborn child—regardless of sex—can inherit the throne. Banking & Wealth: LGT, the Liechtenstein-based private bank, reported first-half 2026 profit up 17% to SFr281.6m and record assets under management above SFr400bn for the first time, driven by net inflows and Asia momentum. Diplomacy: Venezuela’s National Assembly authorized Enrique Ochoa Antich as ambassador to Switzerland with concurrent accreditation to Liechtenstein. Tech & Borders: ChatGPT Ads are rolling out across Europe, including Liechtenstein, with ads shown only on Free and Go plans (personalized ads not initially available in the EEA/Switzerland). Regional Security: Germany’s foreign minister warned that Russia’s hybrid threats reach even neutral countries like Switzerland, highlighting vulnerabilities across energy, transport and data routes through the Alps.

Royal Succession Reform: Liechtenstein has ended male-only primogeniture after more than 400 years, switching to absolute primogeniture so the firstborn child—regardless of sex—can inherit the throne. Banking & Markets: LGT reported first-half 2026 growth, with group profit up 17% to SFr281.6m and assets under management reaching a record SFr412.6bn, surpassing the CHF 400bn mark for the first time. Diplomacy: Liechtenstein’s participation was noted as Bolivia’s National Assembly approved Henrique Hilarion Ochoa Antich as ambassador to Switzerland, with the Principality involved. Regional Policy & Security: The EU welcomed eight non-EU countries—including Liechtenstein—aligning with EU restrictive measures against Belarus. Tech & Identity: A report highlights decentralized identity standards moving into cross-border credential verification, pointing to EBSI production readiness that includes Liechtenstein. International Business: Separately, LLB Group posted first-half 2026 results, with net profit rising to SFr105.0m and assets under management hitting a record SFr115bn.

Royal Succession Reform: Liechtenstein has ended male-only inheritance after 400 years, switching from male primogeniture to absolute primogeniture so the firstborn child can inherit regardless of sex. Banking Watch: LGT reported first-half 2026 profit up 17% to CHF 281.6m and record assets under management above CHF 400bn for the first time, driven by net inflows and Asia momentum. Local Finance: LLB Group also posted a stronger first half, with net profit rising to SFr105.0m and assets under management reaching a record SFr115bn as net new money climbed to SFr2.2bn. Cross-Border Tech & Identity: A report highlights decentralized identity standards moving into real cross-border credential checks, with Liechtenstein named among EBSI participants. International Diplomacy: Liechtenstein’s participation is noted as Bolivia’s National Assembly approved an ambassador appointment to Switzerland. EU Alignment: The EU welcomed Liechtenstein among eight non-EU countries aligning sanctions against Belarus.

Royal Reform: Liechtenstein has ended centuries of male-only succession, switching to absolute primogeniture so the firstborn child can inherit the throne regardless of gender. Finance Watch: LGT says first-half 2026 profit rose 17% to SFr281.6m and assets under management hit a record SFr412.6bn, topping CHF 400bn for the first time. Banking Update: LLB Group reported first-half 2026 profit up 15.3% to SFr105.0m, with net new money inflows of SFr2.23bn and assets under management reaching a record SFr115bn. EU Alignment: The EU welcomed Liechtenstein and seven other non-EU European states aligning with sanctions against Belarus. Digital Identity: A report highlights cross-border credential verification using decentralized identity standards, naming Liechtenstein as part of the EBSI network. Diplomatic Move: Liechtenstein’s participation is noted as Liechtenstein-linked parliamentary approval authorizes Venezuela’s ambassador to Switzerland.

Royal Succession Reform: Liechtenstein has ended centuries of male-only inheritance, switching from male primogeniture to absolute primogeniture so the firstborn child can inherit the throne regardless of gender, a change announced during National Day celebrations and aimed at ensuring the best-prepared heir leads the principality. Banking Spotlight: LGT, owned by the Princely Family, reported first-half 2026 profit up 17% to SFr281.6m and record assets under management above SFr400bn for the first time, driven by net inflows and Asia expansion. Regional Security & Diplomacy: Germany’s foreign minister warned in Bern that neutrality does not protect Switzerland from Russia’s hybrid threats, pointing to vulnerabilities in critical infrastructure across the Alpine region. EU Sanctions Alignment: The EU welcomed eight non-EU countries, including Liechtenstein, pledging to align with new restrictive measures against Belarus. Culture & Community: Tibetan communities across Europe held a large commemoration in Geneva for the 49th day since Lobga Rangzen’s self-immolation, with participants from Switzerland and Liechtenstein among others.