Regulatory Alerts2026-06-23
Regulation on the Annex to the Audit Report for Payment Institutions (ZAPV)
The Austrian Financial Market Authority mandates standardized annexes to the audit reports for payment institutions' annual financial statements under the Payment Services Act. The regulation specifies mandatory audit modules covering consolidation, capital requirements, customer deposit safeguarding, anti-money laundering compliance, internal controls, and licensing, requiring auditors to document all findings with precise legal references. Financial institutions must submit these electronically completed reports to the FMA and the Oesterreichische Nationalbank within six months following the end of each financial year.
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