The Austrian Financial Market Authority (FMA) announces that it has imposed a fine of EUR 17,940 under the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) against Wiener Privatbank SE as a legal person for a breach of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018) and Delegated Regulation (EU) 2017/565 for a breach of regulations in relation to reporting obligations in investment advice towards retail clients and regarding appropriate information for clients within the scope of investment advice and its advice-free business regarding total costs. The penal order is final.