The Austrian Financial Market Authority (FMA) has enforced a further coercive penalty against an obliged entity under the Financial Markets Anti-Money Laundering Act (FM-GwG Finanzmarkt-Geldwäschegesetz, as the obliged entity repeatedly failed to establish legal compliance as instructed to do in an administrative decision (appointment of an qualified and reliable (“fit and proper”) active function-holder (Anti-Money Laundering Officer / Deputy Anti-Money Laundering Officer)).