Regulatory Alerts2026-06-23
Regulation on the Annex to the Audit Report for Payment Institutions (ZAPV)
The Financial Market Authority (FMA) issued this regulation to standardize the format and content of the audit report annex required for payment institutions under the Federal Act on the Provision of Payment Services. It mandates that auditors submit the report within six months of the financial year's end and requires specific findings to be documented with legal references across areas such as own funds, money laundering compliance, and internal controls. The regulation establishes detailed structural requirements for the annex, including sections for consolidation, safeguarding customer deposits, and licensing observations, while defining the temporal applicability of various amendments to the reporting framework.
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