The Austrian Financial Market Authority (FMA) has issued an update to the Building Society Act Ordinance regarding loan limits and contract transfer protocols. This regulation introduces specific thresholds for building society loans and establishes new calculation methods for the building society protection fund.
The Austrian Financial Market Authority (FMA) has experienced a technical server error, resulting in the unavailability of recent regulatory updates. Compliance teams must monitor for data gaps and prepare for potential delays in regulatory reporting or oversight activities caused by this system outage.
This regulation establishes the framework for notifying the Austrian Financial Market Authority (FMA) regarding intended acquisitions, increases, or disposals of qualified holdings. Compliance teams must ensure all notifications involving credit institutions, insurance companies, and payment institutions meet strict accuracy and documentation standards.
The Austrian Financial Market Authority (FMA) has issued an ordinance regarding the applicability of simplified due diligence obligations for certain escrow accounts held by lawyers, notaries, and property managers. This regulation allows credit institutions to apply reduced due diligence measures under specific conditions, provided they can effectively monitor for unusual or suspicious transactions.
The Austrian Financial Market Authority (FMA) has updated its ordinance concerning the appendix to audit reports for payment institutions. This update clarifies reporting requirements and the application of specific regulatory versions for financial years ending after certain dates.
The Austrian Financial Market Authority (FMA) has introduced the WPF-StDMV regulation to specify reporting requirements for company-related master data. This update establishes strict protocols for the submission of firm-related information, impacting how investment firms report changes to their corporate structure.
The Austrian Financial Market Authority has introduced the Health Insurance Profit Sharing Ordinance (KV-GBV). This regulation establishes new frameworks for profit-sharing mechanisms within the health insurance sector, requiring immediate oversight by compliance teams.
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