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FMA Report for Q4 2019 on Austrian Pensionskassen Assets under management increased by 2.7% to € 24.3 billion; investment performance +2.3%
Assets under management increased by 2.7% to € 24.3 billion; investment performance +2.3%
FMA starts consultation of its “Guide for Handling Sustainability Risks”
“Guide for Handling Sustainability Risks”
Anglo Austrian AAB Bank AG (previously Meinl Bank AG): Withdrawal of Banking Licence in force again. Appointment of the government commissioner lapses. The FMA has submitted an application at the Commercial Court for the appointment of a liquidator.
Withdrawal of banking licence effective again. Appointment of government commissioner lapses. FMA applied for appointment of a liquidator.
Digitalisation of the Austrian Financial Market – Findings from the Call for Input
Findings from the Call for Input
FSAP 2019: The International Monetary Fund gives the Austrian financial system a positive report
International Monetary Fund gives the Austrian financial system a positive report
FMA publishes Circular on “Limited Networks” – explaining the provision governing the exception from the scope of the Payment Services Act 2018 as well as the obligation to notify such an exception
explaining the provision governing the exception from the scope of ZaDiG 2018 and the obligation to notify such an exception
Foreign Business of Austrian Insurance Undertakings increased by 4.1% to € 5.8 bn and accounts for approx. 40% of total premiums
+4.1% to € 5.8 bn and approx. 40% of total premiums
Inclusion of virtual currencies in the prevention of money laundering: certain providers subject to FMA supervision from 10 January 2020
certain providers subject to FMA supervision from 10 January 2020
FMA Inspection Plan 2020: 172 on-site inspections, significantly increased intensity of inspections
172 on-site inspections, significantly increased intensity of inspections
FMA publishes revised Minimum Standards on Internal Auditing
FMA publishes revised Minimum Standards on Internal Auditing