You are here: 

Announcement: FMA imposes sanction against the director of an issuer for a breach against the Market Abuse Regulation (MAR) (Regulation (EU) 596/2014)

Release Date: |

The Austrian Financial Market Authority (FMA) hereby announces that it has impose a fine of EUR 1,500.00 by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) against a director of a foreign issuer for breaches of the director’s obligations in relation to proprietary trading activities. The penal order is final.