News and insights
We know how important it is to have reliable information, facts and background details as good decision-making tools. In our press releases, you can find the latest news about Bank Frick. We provide specialist knowledge about the financial market – both conventional and blockchain-based – in our in-depth blog posts. If you would like to hear exciting updates about the cryptocurrency market, then dive into our Crypto Industry Reports.
News and insights
A comprehensive overview of Liechtenstein’s banking regulation
In this in-depth article, the authors show the economic and regulatory environment in which banks in Liechtenstein operate. This article first appeared in the reference work The Banking Regulation Review (Twelfth Edition) published by Law Business Resarch.
Half-year results of Bank Frick: Budgeted annual result of CHF 3.1 million already achieved
Bank Frick generated a net profit of CHF 3.1 million in the first half-year. All strategic business segments contributed to this long-term result. For 2021, the Bank therefore expects an annual profit in the order of CHF 5 million. Thanks to the successful reorganisation initiative of the departments involving direct client contact, we have been able to pay even closer attention to the client experience.
Sneaky passage targeting crypto in US’ latest infrastructure bill
Washington is finally talking about Bitcoin – but most likely not in a way most crypto enthusiasts welcome it. Cause for discussion was a major political project in the form of a 1$ trillion infrastructure bill, which the Biden administration has had in its sights since taking office.
«Bridging the worlds of blockchain banking and classic banking – We are the future of finance»
The borders between the worlds of blockchain banking and classic banking are becoming more and more fluid. Beneficiaries of the crypto boom are increasingly seeing the advantages that traditional, less volatile asset classes offer in terms of diversification and investment options. At the same time, classic financial intermediaries are increasingly interested in the dynamic new world of blockchain banking.
Bank Frick processes donations in the form of cryptocurrencies
Bank Frick now processes donations in the form of cryptocurrencies for the Swiss section of the human rights organisation Amnesty International (Amnesty Switzerland). Bank Frick has developed a set-up that enables the reliable, regulatory compliant and secure acceptance of crypto donations. This model is suitable for all NGOs to carefully check the origin of crypto donations.
“Through this reorganisation initiative, we are improving our service to our clients.”
Bank Frick is reorganising its client-facing departments, putting even more focus on the client experience and further improving the service provided to the client. In addition to the new Client Services department, which concerns itself with professional support of existing clients, the Bank will now have four departments focused on sales.
Strategy takes hold, with a steady increase in net income
Despite challenging circumstances, Bank Frick generated a net profit of some CHF 4.4 million. The years-long trend of continuously increasing income was confirmed in all business areas, and the growth in expenses has flattened out. Thanks to the successful strategic orientation of the entrepreneurial Bank, net income has doubled to some CHF 40.0 million in just five years.
«Der Umgang mit Krypto-Assets birgt sehr weitreichende und spezifische Risiken»
Bitcoin & Co. setzen seit einigen Monaten zu immer neuen Höhenflügen an, doch sind Direktinvestitionen in Coins nicht mehr der einzige Weg, um an Kryptowährungen zu partizipieren. Im Interview erläutert Raphael Haldner, Head of Fund and Capital Markets der Blockchain-Pionierin Bank Frick, die aktuellen Kryptoprodukte für Privatanleger und erklärt, worauf sie beim Kauf achten sollten.
Krypto-Assets bergen grosses Potenzial und grosse Risiken – auch für Asset Manager
Krypto-Produkte haben auch bei institutionellen Anlegern grosses Potenzial und können über professionell verwaltete und ausreichend diversifizierte Anlageinstrumente das Portfolio bereichern. Doch wo das Potenzial gross ist, sind die Risiken nicht weit. Um erfolgreich durch die Krypto-Welt zu navigieren, müssen Dienstleister und Produkte sorgfältig ausgewählt werden.
“Institutional investors need to take a closer look at digital assets”
Making bitcoin tradable on the stock exchange: even for an industry giant like US asset manager VanEck, it was an unexpectedly protracted project – that ultimately ended with great results, with the VanEck Vectors Bitcoin ETN now successfully listed on Deutsche Börse.
Das Blockchaingesetz – eine Zwischenbilanz
Mit dem Gesetz über Token und VT-Dienstleister (TVTG) hat Liechtenstein die weltweit erste umfassende rechtliche Grundlage für viele denkbare Anwendungen der Blockchain im Finanzsektor und in der Gesamtwirtschaft umgesetzt. Thomas Dünser, Leiter der Stabsstelle für Finanzplatzinnovation, zieht eine Zwischenbilanz.
Assessing the European Commission’s Regulation of Markets in Crypto-assets
The newly published draft of the European Commission’s Regulation of Markets in Crypto-assets (MiCA) could be a necessary step towards harmonizing the treatment of crypto-assets throughout the European Union and thus could be a key driver in terms of industry professionalization and adaption of crypto-based financial products. Yet, the draft still contains some ambiguities that should be removed to ensure clarity and legal certainty for all stakeholders.