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FMA and OeNB prioritise the focus of their supervision activities in the second half of the year on IT risks, sustainable lending and cooperation in CEE

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by the FMA and OeNB in the second half of the year

New European prospectus regime enters into force: prospectus approval process is fully digitalised, easier access for issuers, improved investor protection

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Approval procedure fully digitalised, easier access for issuers, improved investor protection

Digitalisation in the Austrian financial market

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The FMA has published a comprehensive study on digitalisation in the Austrian financial market.

FMA and OeNB test the Austrian banking sector’s ability to react to cyber attacks

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FMA and OeNB test the Austrian banking sector’s ability to react to cyber attacks

FMA declares by means of an administrative decision that the resolution of “immigon portfolioabbau ag” has been concluded

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The FMA declares in an administrative decision that the resolution of “immigon portfolioabbau ag” has been concluded

FMA Report on Asset Management in the first quarter of 2019: funds under management increase by +4.7% to € 181.9 billion

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Funds under management increased by +4.7% to € 181.9 billion

FMA Survey on Foreign Currency Loans in Q1 2019: volume has fallen by €33.3 bn adjusted for exchange rate effects, €14.5 bn still outstanding in absolute terms.

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Volume has fallen by €33.3 bn adjusted for exchange rate effects, €14.5 bn still outstanding in absolute terms.

FMA Market Study on Fund Fees for Austrian Retail Funds 2019: no significant changes; fees in line with EU average.

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no significant changes; fees in line with EU average

Q1 2019 FMA Report on Supervision of Capital Markets Prospectuses: stable issuance activity despite challenging environment.

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stable issuance activity despite challenging environment

FMA clarifies and tightens up the requirements for the prevention of money laundering by entities that it supervises

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FMA clarifies and tightens up requirements

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