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“Smart & Simple” – the FMA launches an audiovisual consumer information series
The FMA has launched a new video-based consumer information series called “Smart & Simple”.
FMA warns financial service providers and ICT third-party providers to prepare for DORA, the new supervisory regime for strengthening cyber and ICT security, in good time.
A year from now, on 17 January 2025, the new EU Regulation on digital operational resilience in the financial sector (DORA) will apply in Austria
Continuing marked increase in number of whistleblowing reports and consumer complaints: predominantly reports about investment fraud and irregularities in entities’ governance
Over 3,000 people contacted the FMA’s consumer information team in 2023.
Regulatory changes, new regulations and significant agenda-setting: what 2024 holds in store for financial market regulation
2024 brings several innovations in supervisory law, The FMA presents the most significant developments
FMA: increasing number of dubious providers are active in the Austrian financial market. Warning about celebrity endorsement fraud.
FMA observed a significant increase of apparent financial service providers active in an unauthorised manner in 2023.
FMA Report on Corporate Provision Funds for Q3 2023: assets under management increased by +2.18% to € 17.8 bn; investment performance: -0.39 %
Managed assets increased by +2.18% to € 17.8 bn.; Investment performance: -0.39%
FMA: administrative decision issued terminating KA Finanz AG’s operations as a wind-down entity
Entry in Commercial Register (Firmenbuch) expected to occur in 2030 due to ongoing legal proceedings
FMA and OeNB have set their joint priorities for banking supervision for 2024
FMA and OeNB have set their joint priorities for banking supervision for 2024
FMA Foreign Currency Loans Survey, 3rd Quarter 2023: outstanding volume € 7.5 bn, now only 4.2 % of all loans to private households
outstanding volume € 7.5 bn, now only 4.2 % of all loans to private households
FMA Report on Asset Management Q3 2023: Slight fall in net asset value and first ever greenwashing analysis using artificial intelligence-based methods
Slight fall in net asset value and first ever AI-based greenwashing analysis