{"id":8764,"date":"2016-06-24T13:39:05","date_gmt":"2016-06-24T11:39:05","guid":{"rendered":"https:\/\/www.fma.gv.at\/en\/?page_id=8764"},"modified":"2023-08-21T17:31:30","modified_gmt":"2023-08-21T15:31:30","slug":"co-operation-with-the-oenb","status":"publish","type":"page","link":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/","title":{"rendered":"Co-operation with the OeNB"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><h2>Banking Supervision in Austria<\/h2><p class=\"bodytext\">The supervisory reform in Austria that went into force on January 1, 2008, placed the Austrian financial supervision framework on a new footing. While the supervisory system has remained a dual one, with responsibilities shared by the Financial Market Authority (FMA), Austria&rsquo;s independent, integrated financial supervisory authority, and the Oesterreichische Nationalbank (OeNB), Austria&rsquo;s central bank, the reform tightened the links between micro- and macroprudential supervision, that is, supervision of individual institutions and supervision at the systemic level. As a consequence, the OeNB was assigned additional operational tasks in this field. The reform has provided a new structure for cooperation between the FMA and the OeNB in banking supervisory activities since the beginning of 2008.<\/p><p class=\"bodytext\">The OeNB and the FMA expressly support close partnership in their cooperation on supervision of the banking sector. All on-site inspections relating to banking supervision are conducted by the OeNB, as a result of an inspection order issued by the FMA. The OeNB also has the right to request an audit or the expansion of an inspection order. A key element of this cooperation is the sharing of all supervisory-related data held by both institutions in a single database. Analysis of this data allows greater depth of monitoring, both of individual market participants and of the financial market as a whole.<\/p><p class=\"bodytext\"><a href=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-31381 size-full\" src=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg\" alt=\"Co-operation with the OeNB\" width=\"1500\" height=\"294\" srcset=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg 1500w, https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817-320x63.jpg 320w, https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817-640x125.jpg 640w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/a><\/p><p class=\"bodytext\">Details about cooperation between Financial Market Authority and Oesterreichische Nationalbank can be found in the joint FMA-OeNB Memorandum of Understanding (in German only).<\/p><p>\n<div id=\"reference-6a38451195a28\" class=\"reference\"><h2 class=\"reference-heading\"><span class=\"fa-solid fa-download fa-fw\" aria-hidden=\"true\"><\/span>Download<\/h2><p><\/div><p>\n<a href=\"\/wp-content\/plugins\/dw-fma\/download.php?d=4314&nonce=59bd754a5b4fdc27\" class=\"internal single-document-reference piwik_download\">Memorandum of Understanding (MoU) (<span class=\"sr-only\">Format: <\/span>pdf, <span class=\"sr-only\">Size: <\/span>7,5 MB, <span class=\"sr-only\">Language: <\/span>German)<\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking Supervision in AustriaThe supervisory reform in Austria that went into force on January 1, 2008, placed the Austrian financial &#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":8757,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-8764","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Co-operation with the OeNB - FMA \u00d6sterreich<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Co-operation with the OeNB - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"Banking Supervision in AustriaThe supervisory reform in Austria that went into force on January 1, 2008, placed the Austrian financial ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-21T15:31:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@FMA_AT\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/\",\"name\":\"Co-operation with the OeNB - FMA \u00d6sterreich\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg\",\"datePublished\":\"2016-06-24T11:39:05+00:00\",\"dateModified\":\"2023-08-21T15:31:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg\",\"contentUrl\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/co-operation-with-the-oenb\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Market Supervision in Austria\",\"item\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/financial-market-supervision-in-austria\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Co-operation with the OeNB\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/\",\"name\":\"FMA \u00d6sterreich\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\",\"name\":\"FMA - Finanzmarktaufsicht\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2017\\\/05\\\/FMA_Logo_Twitter_400x400.png\",\"contentUrl\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2017\\\/05\\\/FMA_Logo_Twitter_400x400.png\",\"width\":400,\"height\":400,\"caption\":\"FMA - Finanzmarktaufsicht\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/FMA_AT\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Co-operation with the OeNB - FMA \u00d6sterreich","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/","og_locale":"en_US","og_type":"article","og_title":"Co-operation with the OeNB - FMA \u00d6sterreich","og_description":"Banking Supervision in AustriaThe supervisory reform in Austria that went into force on January 1, 2008, placed the Austrian financial ...","og_url":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/","og_site_name":"FMA \u00d6sterreich","article_modified_time":"2023-08-21T15:31:30+00:00","og_image":[{"url":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@FMA_AT","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/","url":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/","name":"Co-operation with the OeNB - FMA \u00d6sterreich","isPartOf":{"@id":"https:\/\/www.fma.gv.at\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/#primaryimage"},"image":{"@id":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/#primaryimage"},"thumbnailUrl":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg","datePublished":"2016-06-24T11:39:05+00:00","dateModified":"2023-08-21T15:31:30+00:00","breadcrumb":{"@id":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/#primaryimage","url":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg","contentUrl":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2020\/08\/FMA_Grafik_Zusammenarbeit_mit_OeNB_EN_20200817.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/co-operation-with-the-oenb\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fma.gv.at\/en\/"},{"@type":"ListItem","position":2,"name":"Financial Market Supervision in Austria","item":"https:\/\/www.fma.gv.at\/en\/financial-market-supervision-in-austria\/"},{"@type":"ListItem","position":3,"name":"Co-operation with the OeNB"}]},{"@type":"WebSite","@id":"https:\/\/www.fma.gv.at\/en\/#website","url":"https:\/\/www.fma.gv.at\/en\/","name":"FMA \u00d6sterreich","description":"","publisher":{"@id":"https:\/\/www.fma.gv.at\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fma.gv.at\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fma.gv.at\/en\/#organization","name":"FMA - Finanzmarktaufsicht","url":"https:\/\/www.fma.gv.at\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fma.gv.at\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_Logo_Twitter_400x400.png","contentUrl":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_Logo_Twitter_400x400.png","width":400,"height":400,"caption":"FMA - Finanzmarktaufsicht"},"image":{"@id":"https:\/\/www.fma.gv.at\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/FMA_AT"]}]}},"toolset-meta":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-28 20:09:53","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"translation_priority","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/pages\/8764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/comments?post=8764"}],"version-history":[{"count":5,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/pages\/8764\/revisions"}],"predecessor-version":[{"id":46056,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/pages\/8764\/revisions\/46056"}],"up":[{"embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/pages\/8757"}],"wp:attachment":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/media?parent=8764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}