2026-04-14
Added · Updated
The Austrian Federal Ministry enacted the Investment Firms Act to transpose EU Regulation 2019/2033 and establish prudential supervision rules for investment firms operating in Austria. The legislation empowers the Austrian Financial Market Authority to enforce capital requirements, internal governance standards, and risk management protocols while coordinating with European supervisory bodies. It further defines the scope of application, supervisory powers, and transitional provisions for firms subject to Austrian jurisdiction.