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Austrian banks achieve sound results in European stress test. Generation of capital in recent years has proven effective and has increased the banking sector’s resilience against crises.

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sound results for Austrian banks

Occurrence of a deposit guarantee pay out event – AutoBank AG

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Occurrence of a deposit guarantee pay out event

AutoBank AG

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Deposit guarantee information can be found here

The Austrian Financial Market Authority (FMA) has issued an administrative decision prohibiting “Autobank AG” from continuing business operations, and has appointed the external auditor Dorotea-E. Rebmann as government commissioner.

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FMA prohibits continuation of business operations by means of an administrative decision and appoints government commissioner

Announcement: FMA imposes a sanction against S Immo AG for delayed publication of a proprietary transaction

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FMA imposes a sanction against S Immo AG for delayed publication of a proprietary transaction

Repealing of the recommendation to financial service providers to refrain from paying dividends in light of the economic challenges caused by COVID-19.

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repealed with effect from 30 September 2021

Suspension of Unit Certificate Trading

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ERSTE STOCK JAPAN

Announcement: FMA imposes sanction against BNP Paribas Asset Management Holding S.A. and BNP Paribas Asset Management France S.A.S for breaches against the Stock Exchange Act 2018 (BörseG 2018; Börsegesetz 2018)

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Announcement: FMA imposes sanction against BNP Paribas Asset Management Holding S.A. and BNP Paribas Asset Management France S.A.S for breaches against the Stock Exchange Act 2018 (BörseG 2018; Börsegesetz 2018)

FMA Study on “The market for state-sponsored retirement provision in 2020”: market continues to contract significantly. Investment performance negative.

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market continues to contract significantly. Investment performance negative.

Announcement: FMA imposes a sanction against Wiener Privatbank SE for a breach against due diligence obligations for the prevention of money laundering and terrorist financing

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FMA imposes a sanction against Wiener Privatbank SE for a breach against due diligence obligations for the prevention of money laundering and terrorist financing

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