AUSTRIA: FMA Re-publishes Circular on the Organisational Requirements of Securities Supervision Act

Wednesday September 19 2018

Originally published in 2009 the current Circular has now been updated. The circular is aimed at credit institutions who provide investment services, insurance undertakings, management companies, third country firms and investment firms.

The circular provides an overview of the FMA’s supervisory practices to the individual by communicating its legal opinions while at the same time providing the market with guidance on how to comply with requirements set out in the legal regulations such as ESMA and MiFID. The circular does not constitute as legal provisions it is intended purpose is to serve as guidance. To view the full circular please click on the following link.

For further information please click on the link above.