2026-05-11

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Austrian Capital Market Act 2019

The Austrian Federal Government enacted the Capital Market Act 2019 to regulate public offerings of investments and securities within Austria. The legislation mandates that issuers publish approved prospectuses for public offers, while defining specific exemptions for offerings below certain monetary thresholds or directed exclusively at qualified investors. The Austrian Financial Market Authority (FMA) is empowered to approve prospectuses, supervise advertising, and impose administrative fines for non-compliance with these disclosure and procedural requirements.

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Austria

Finanzmarktaufsicht

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