Inhalt:
.
Transposition of Directive 2006/49/EC
The following table shows the correlation between directive 2006/49/EC and the national legal texts – the Austrian Banking Act (BWG), the Solvability Regulation (SolvaV) and the Disclosure Regulation (OffV) – transposing it. At the moment, the table is under review and may be subject to change.
Texts of Laws (L) | Provisions within Dir. 2006/49/EC | AUSTRIA | ||
| Laws or Regulations | References | Availability in English (Y/N) | ||
| I. Scope | Art. 2 | L: BWG | § 22, § 24 Para. 3a, § 26a, | Y |
| II. Trading Book | Art. 11 | R: SolvaV | §§ 195 to 217 | Y |
| 1. Trading Intent | Annex VII, Part A | R: SolvaV | § 195 | Y |
| 2. Systems and Controls | Annex VII, Part B | R: SolvaV | § 202 | Y |
| 3. Internal Hedges | Annex VII, Part C | R: SolvaV | § 197 | Y |
| 4. Inclusion in the Trading Book | Annex VII, Part D | R: SolvaV | § 196 | Y |
| III. Own Funds | Art. 12 to 17 | L: BWG | §§ 23 and 24 | Y |
| IV. Provisions against Risk | Art. 18 to 21 | L: BWG | § 22o | Y |
| 1. Capital Requirements for Position Risk | Annex I | R: SolvaV | §§ 203 to 213 | Y |
| 2. Capital Requirements for Settlement and Counterparty Risk | Annex II | R: SolvaV | §§ 214 to 216 | Y |
| 3. Capital Requirements for Foreign Exchange Risk | Annex III | R: SolvaV | § 223 | Y |
| 4. Capital Requirements for Commodities Risk | Annex IV | R: SolvaV | § 222 | Y |
| 5. Use of Internal Models to calculate Capital Requirements | Annex V | R: SolvaV | §§ 244 to 255 | Y |
| 6. Capital Requirements for Large Exposures | Annex VI | L: BWG | § 27 | Y |
| V. Application of Requirements on a Consolidated Basis | Art. 22 to 25 | L: BWG | § 24 | Y |
| VI. Large Exposures | Art. 28 to 32 | L: BWG | § 27 | Y |
| VII. Valuation of Positions for Reporting Purposes | Art. 33 | R: SolvaV | §§ 198 and 199 | Y |
| VIII. Risk Management and Capital Assessment | Art. 34 | L: BWG | § 39a | Y |
| IX. Supervision | Art. 37 | L: BWG | § 21g, § 69 | Y |
| X. Disclosure by Investment Firms | Art. 39 | L: BWG | §§ 26 and 26a | Y |
| XI. Transitional Provisions | Art 43 to 48 | L: BWG | § 102e lit. 6 | Y |
| July 2008 | ||||
For an overview regarding the implementation of Dir. 2006/49/EC in the EU Member States see the corresponding table on the CEBS homepage.
Downloads:
-
Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast), June 30, 2006
pdf 290 KB
-
Federal Banking Act (Bankwesengesetz - BWG)
pdf 986 KB
-
Regulation of the Financial Market Authority (FMA) on the Solvency of Credit Institutions, Solvency Regulation (Solvabilitätsverordnung - SolvaV)
pdf 857 KB
-
Regulation of the Financial Market Authority (FMA) on the Disclosure Obligations of Credit Institutions, Disclosure Regulation (Offenlegungsverordnung - OffV)
pdf 59 KB
-
FMA, CEBS Table on Transpostion of Directive 2006/49/EC, July 2008
xls 31 KB
