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Futures Options Authority Vienna (FOAV)

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The Austrian Financial Market Authority (Österreichische Finanzmarktaufsichtsbehörde – FMA) points out that no public authority named “Futures Options Authority Vienna (FOAV)” exists in Austria. FMA alone is responsible for the licensing and supervision of banks, financial service providers, insurance companies, pension companies and securities trading.

“Futures Options Authority Vienna (FOAV)” claims on its website that the FOAV is responsible for the “regulation, supervision, and information on financial institutions and securities markets”, but there is no financial supervisory authority under this name in Austria.

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