The Austrian Financial Market Authority (FMA) has imposed a fine of Euro 18,000 against the executive director of an issuer. The reason is a breach against the Market Abuse Regulation (MAR, Regulation (EU) 596/2014). The executive director specifically failed to submit the respective compulsory notifications to the FMA and the issuer about their proprietary trading activity (Directors’ Dealings notification) within three business days following the date on which the transaction was conducted. The penal order is not final.