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Q4 2018 FMA Report on the Austrian Pensionskassen: number of beneficiaries increases (+0.8%), Assets under Management fall (-3.7%).
Number of beneficiaries increases (+0.8%), Assets under Management fall (-3.7%).
FMA increases maximum amount for building savings loans
FMA increases maximum amount
New Information Requirements for Pensionskassen and Life Insurance ensure greater transparency in old-age provision
Greater transparency for Pensionskassen and Life Insurance
FMA On-Site Inspection Strategy 2019: 261 measures planned, priority on Sustainable Business Models, Information Requirements, IT Risk and the Prevention of Money Laundering
261 measures planned. Priority on sustainable business models, information requirements, IT risk and preventation of money laundering
New Deposit Guarantee System commences operations as start of year
Fundamental transformation of the Austrian deposit guarantee system comes into force on 1 January 2019
ESMA extends Product Intervention to protect small investors regarding Binary Options and Contracts for Difference (CFDs)
Protection of small investors regarding Binary Options and Contracts for Difference (CFDs)
FMA: strict and transparent standards for an even more efficient and effective fight against money laundering and terrorist financing
Rundschreiben zur Prävention von Geldwäscherei und Terrorismusfinanzierung
FMA warns about fraudulent phone calls in which the caller pretends to be an FMA employee and requests money to be transferred to avoid the apparent blocking of accounts
Calls request money to be transferred to avoid the apparent blocking of accounts
FMA publishes Guide on IT Security in Pensionkassen
IT Security in Pensionkassen
The Foreign Business of Austrian Insurance Undertakings in 2017 made up € 5.5 bn or around 40% of all premiums, but fell by 13% year-on-year.
€ 5.5 bn or around 40% of all premiums, but fell by 13% year-on-year.