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FMA Report on the Austrian Insurance Industry 2022: a contrasting overview
The Austrian insurance market’s development in 2022 has been marked by the massive economic impact of the war being waged by Russia against neighbouring Ukraine.
Announcement: FMA imposes sanction against Schelhammer Capital Bank AG for a breach against the requirements for fair, clear and non-misleading information with the scope of its market presence
FMA imposes sanction against Schelhammer Capital Bank AG for a breach against the requirements for fair, clear and non-misleading information with the scope of its market presence
Lapsing of Licence Julius Baer Investment Advisory GesmbH
Lapsing of Licence Julius Baer Investment Advisory GesmbH
Announcement: FMA imposes sanction for delayed notification of proprietary trading
FMA imposes sanction for delayed notification of proprietary trading
Announcement: FMA imposes sanction for delayed notification of proprietary trading
FMA imposes sanction for delayed notification of proprietary trading
FMA subjects financial service providers to a blackout stress test
The FMA has developed its own blackout stress test, the “Blackout Maturity Level Assessment” and conducted it for the first time for Pensionskassen
Lapsing of Licence of ISP Dr. Rehor. Beratung Gesellschaft mbH
Lapsing of Licence of ISP Dr. Rehor. Beratung Gesellschaft mbH
Announcement: FMA imposes sanction against VORARLBERGER LANDES-VERSICHERUNG V.a.G. for breach of conduct rules in relation to advice regarding the distribution of insurance-based investment products
FMA imposes sanction against VORARLBERGER LANDES-VERSICHERUNG V.a.G. for breach of conduct rules in relation to advice regarding the distribution of insurance-based investment products
FMA publishes Minimum Standards on BWG Compliance
on BWG Compliance
Announcement: FMA imposes sanction against a private investor for a breach against the ban on market manipulation
FMA imposes sanction against a private investor for a breach against the ban on market manipulation