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FMA Q2 2021 Report on the Austrian Insurance Sector: premium volume continues to increase, significant increase in result from ordinary activities.

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premium volume continues to increase, significant increase in result from ordinary activities.

FMA files for the initiation of insolvency proceedings against the assets of “Autobank AG” at the Commercial Court in Vienna (Handelsgericht Wien).

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FMA files for initiation of insolvency proceedings at the Handelsgericht Wien

FMA Report on Asset Management in the second quarter of 2021: Net Asset Volume of Austrian investment funds increases slightly

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Net Asset Volume of Austrian investment funds increases slightly

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

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

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repealed with effect from 30 September 2021

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.

“Let’s talk about money” – Fund fees: compare them! When buying units in a fund, you are charged fund fees. Is your fund expensive or cheap?

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Fund fees

FMA Market Study 2021 on fund fees charged by Austrian retail funds: ongoing fees remain constant, but significant reduction in entry charges.

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on fund fees charged by Austrian retail funds

FMA Foreign Currency Loans Survey, 1st Quarter 2021: adjusted for exchange rate effects volume has fallen by € 37.6 bn since 2008, outstanding amount in absolute terms now stands at € 10.3 bn.

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Volume has fallen by € 37.6 bn since 2008, outstanding amount now stands at € 10.3 bn.

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