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11th FMA Supervisory Conference: “The Financial Market between COVID-19 and climate risks – different challenges, the same solutions?”

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The Financial Market between COVID-19 and climate risks – different challenges, the same solutions

The European European Securities and Markets Authority (ESMA) has extended the temporary reporting obligation for net short positions of 0.1% or more until 18 December 2020.

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for net short positions of 0.1% or more

FMA Foreign Currency Loans Survey, 2nd Quarter 2020: continuing strong reduction in foreign currency loan volume to private households by € 450 mn or -3.4%

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continuing strong reduction in foreign currency loan volume to private households by € 450 mn or -3.4%

Q2 2020 FMA Report on Asset Management: Austria’s Funds Industry recovers a significant amount lost during the onset of the Covid-19 crisis.

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Austria’s Funds Industry recovers a significant amount lost during the onset of the Covid-19 crisis.

FMA Report for the 2nd Quarter of 2020 for the Austrian insurance industry: premium volume increases further, massive fall in result from ordinary activities (EGT).

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premium volume continues to increase, massive fall in result from ordinary activities (EGT).

FMA Report for Q2 2020 on Austrian Pensionskassen: change in trend following COVID-19 turbulence – assets managed + 5.9%, investment performance +6.0%

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change in trend following COVID-19 turbulence – assets managed + 5.9%, investment performance +6.0%

The Austrian Financial Market Authority (FMA) has today appointed Dorotea-E. Rebmann to assist the Management Board of “Autobank AG” as temporary administrator under BaSAG by means of an administrative decision.

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FMA appoints Dorotea-E. Rebmann to assist the Management Board of “Autobank AG” as a temporary administrator under BaSAG by means of an administrative decision.

FMA and European supervisory institutions recommend banks and insurance undertakings to refrain from dividend distributions and share buy backs this year as well as to pursue a conservative remuneration policy

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Banks and insurance undertakings should refrain from dividend distributions and share buy backs this year as well as to pursue a conservative remuneration policy

FMA files application for the initiation of insolvency proceedings at the Landesgericht Eisenstadt against the assets of “Commerzialbank Mattersburg im Burgenland AG”.

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Commerzialbank Mattersburg im Burgenland AG

The Austrian Financial Market Authority (FMA) has issued an administrative decision prohibiting “Commerzialbank Mattersburg im Burgenland AG” from continuing business operations, and has appointed the external auditor Bernhard Mechtler as government commissioner.

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Commerzialbank Mattersburg im Burgenland AG

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