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FMA Report for the 4th Quarter of 2020 for the Austrian insurance industry: moderate growth in premiums in 2020, significant decrease in profitability, good solvency
Moderate growth in premiums in 2020, significant decrease in profitability, good solvency
FMA Executive Director Helmut Ettl elected to the Management Board of the European Banking Authority (EBA)
FMA Executive Director elected to the Management Board of the European Banking Authority (EBA)
Strong increase in whistle-blowing tip-offs. More than half relate to investment fraud, particular with crypto assets
More than half relate to investment fraud, particular with crypto assets
FMA Quarterly Report for Q3 2020 for Supervision of Capital Market Prospectuses: issuances stable for quarter and year as a whole despite turbulence due to COVID-19 pandemic
Issuances stable for quarter and year as a whole despite turbulence due to COVID-19 pandemic
First FinTech admitted to the FMA’s Regulatory Sandbox. Minister of Finance Gernot Blümel pleased that “the new initiative for supporting digitalisation is gaining acceptance.”
initiative for supporting digitalisation is gaining acceptance
“Let’s talk about money” – the FMA starts a new information channel for consumers
The FMA starts a new information channel for consumers
Prevention of Money Laundering and Terrorist Financing – first anniversary of stricter anti-money laundering regulations for Virtual Asset Service Providers: 40 Applications, 18 Registrations
First anniversary of stricter anti-money laundering regulations for Virtual Asset Service Providers: 40 applications, 18 registrations
FMA and OeNB have defined their joint priorities for banking supervision for 2021.
Banking Supervision 2021
Investment fraudsters were particularly active in 2020, fraud victims lost around € 42,000 on average
fraud victims lost around € 42,000 on average
FMA implements the European Systemic Risk Board’s (ESRB) recommendations of distribution policy in light of the COVID-19 crisis
distribution policy in light of the COVID-19 crisis