The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 154,000 against Wiener Privatbank SE as a legal entity by means of a penal order for a breach against the Financial Markets Anti-Money Laundering Act (FM-GwG; Finanzmarkt-Geldwäschegesetz) for failure to identify and verify the identity of all owners of a customer in the highest risk category.
The penal order is final.