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First FinTech admitted to the FMA’s Regulatory Sandbox. Minister of Finance Gernot Blümel pleased that “the new initiative for supporting digitalisation is gaining acceptance.”
initiative for supporting digitalisation is gaining acceptance
“Let’s talk about money” – the FMA starts a new information channel for consumers
The FMA starts a new information channel for consumers
Prevention of Money Laundering and Terrorist Financing – first anniversary of stricter anti-money laundering regulations for Virtual Asset Service Providers: 40 Applications, 18 Registrations
First anniversary of stricter anti-money laundering regulations for Virtual Asset Service Providers: 40 applications, 18 registrations
FMA and OeNB have defined their joint priorities for banking supervision for 2021.
Banking Supervision 2021
Investment fraudsters were particularly active in 2020, fraud victims lost around € 42,000 on average
fraud victims lost around € 42,000 on average
FMA implements the European Systemic Risk Board’s (ESRB) recommendations of distribution policy in light of the COVID-19 crisis
distribution policy in light of the COVID-19 crisis
FMA Report on the State of the Insurance Industry 2020: COVID-19 crisis exacerbates the challenges posed by the low interest environment
COVID-19 crisis exacerbates the challenges posed by the low interest environment
FMA Foreign Currency Loans Survey, 3rd Quarter 2020: continuing reduction in outstanding volume. Repayment vehicle coverage gap at YE 2019: € 3.9 bn.
Continuing reduction in outstanding volume. Repayment vehicle coverage gap at YE 2019: € 3.9 bn.
FMA supports ECB recommendation to refrain from distributions until 30 September 2021 and to urge utmost caution.
to refrain from distributions until 30 September 2021
FMA Report for Q3 2020 on Austrian Pensionskassen: assets managed increases to € 23.8 billion (+2.3%), investment performance +2.2%
assets managed increases to € 23.8 billion (+2.3%), investment performance +2.2%