The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 18,400 on BTV Vier Länder Bank AG. The proceedings were concluded in an accelerated manner pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). The fine has been imposed for breaches against Regulation (EU) 2017/1129 (“the Prospectus Regulation”). BTV Vier Länder Bank AG specifically failed, thereby breaching Article 22 (2) of the Prospectus Regulation, to advise in publicity that a prospectus had been published. These provisions under prospectus law serve investor protection purposes, and are of key importance for the disclosure of information, as they address asymmetries of information that exist between investors and issuers. The penal order is final.