Regulatory Alerts2018-08-14
Annexes to the Regulation on Qualifying Holdings 2016 (EKV 2016)
The Austrian Financial Market Authority (FMA) issues these annexes to the Regulation on Qualifying Holdings 2016 to standardize notifications for acquiring, increasing, disposing of, or reducing qualifying holdings in financial institutions. The documents provide specific forms for notifying the FMA of such transactions, requiring detailed information about the notifying party, the target undertaking, and the scope of the intended holding. Applicants must submit extensive supporting documentation, including proof of identity, financial statements, criminal records, and strategic plans, to demonstrate compliance with regulatory requirements.
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