Regulatory Alerts2025-07-08
Information and Equivalency Regulation (IG-FestV)
The Austrian Financial Market Authority issued this regulation to define the information requirements and equivalence criteria for money-market instruments under the Investment Fund Act 2011. It mandates issuers to disclose legal and financial data, undergo annual updates and independent verification, and satisfy supervisory standards based on geographic incorporation, investment-grade ratings, or proven regulatory strictness. The framework further aligns investor protection levels by requiring management independence, independent custody or stable governance, transparent pricing, restricted affiliated trading, and clear asset segregation rules.
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