The Austrian Financial Market Authority (FMA) has updated the section of its website about insurance supervision regarding supervisory disclosure. The target of supervisory disclosure is to facilitate a uniform standard of transparency and responsibility of supervisory authorities.
The FMA’s disclosure obligations regarding insurance undertakings are set out in the Insurance Supervision Act 2016 (VAG 2016; Versicherungsaufsichtsgesetz 2016) as well as Implementing Regulation (EU) 2015/2451. Disclosed information should be easily accessible, justifiable, and comparable.
The FMA website’s content about insurance undertakings is updated regularly. The current update makes general qualitative information available within the scope of the FMA’s activities in 2025 in the Supervisory Review Process.
The new web page can be found at: https://www.fma.gv.at/en/insurance/disclosure/