Regulatory Alerts2026-04-22
Added · Updated
Austrian PRIIPs Enforcement Act
The Austrian Federal Ministry of Finance enacted this law to implement EU Regulation 1286/2014 regarding key information documents for packaged retail and insurance-based investment products. The Financial Market Authority (FMA) is designated as the competent supervisory authority with powers to monitor compliance, enforce rules, and impose significant administrative fines on legal entities and responsible individuals for violations. The legislation also establishes the FMA as the national collection body for the European Single Access Point and mandates specific procedures for investor notification and the publication of sanctions.
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