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12th FMA Supervisory Conference: “Sustainable ways out of the crisis” FMA Executive Board warns that we are not yet out of the woods in terms of the challenges presented by COVID-19 for the financial market.

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“Sustainable ways out of the crisis” FMA Executive Board warns that we are not yet out of the woods and that COVID-19 still presents challenges for the financial market.

“Let’s talk about money”: payment difficulties – beware of loan fraud

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payment difficulties – beware of loan fraud

FMA Foreign Currency Loans Survey, 2nd Quarter 2021: outstanding foreign currency loan volume falls below € 10 bn for first time since 1999

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outstanding foreign currency loan volume falls below € 10 bn for first time since 1999

FMA and AOBA (APAB) intensifying and institutionalising dialogue between supervisory authorities, auditors and supervisory board members

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intensified and institutionalised dialogue between supervisory authorities, auditors and supervisory board members

FMA Q2 2021 Report on the Austrian Insurance Sector: premium volume continues to increase, significant increase in result from ordinary activities.

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premium volume continues to increase, significant increase in result from ordinary activities.

FMA files for the initiation of insolvency proceedings against the assets of “Autobank AG” at the Commercial Court in Vienna (Handelsgericht Wien).

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FMA files for initiation of insolvency proceedings at the Handelsgericht Wien

FMA Report on Asset Management in the second quarter of 2021: Net Asset Volume of Austrian investment funds increases slightly

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Net Asset Volume of Austrian investment funds increases slightly

Austrian banks achieve sound results in European stress test. Generation of capital in recent years has proven effective and has increased the banking sector’s resilience against crises.

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sound results for Austrian banks

The Austrian Financial Market Authority (FMA) has issued an administrative decision prohibiting “Autobank AG” from continuing business operations, and has appointed the external auditor Dorotea-E. Rebmann as government commissioner.

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FMA prohibits continuation of business operations by means of an administrative decision and appoints government commissioner

Repealing of the recommendation to financial service providers to refrain from paying dividends in light of the economic challenges caused by COVID-19.

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repealed with effect from 30 September 2021

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