Regulatory Alerts2026-04-24
STS Securitisation Enforcement Act (STS-VVG)
The Austrian Federal Act transposes Regulation (EU) 2017/2402 to establish a specific framework for simple, transparent, and standardised securitisation within Austria. It designates the Austrian Financial Market Authority (FMA) as the competent authority responsible for supervising institutional investors, originators, sponsors, and authorised third parties. The legislation empowers the FMA to impose substantial administrative fines and corrective measures on entities that breach risk retention, transparency, or reporting obligations.
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