Regulatory Alerts2026-04-24
European Green Bond Regulation Enforcement Act (EuGB-VVG)
Austria enacted the European Green Bond Regulation Enforcement Act to transpose Regulation (EU) 2023/2631 and designate the Financial Market Authority as the competent supervisory authority. The legislation empowers the FMA to enforce compliance through extensive investigative powers, mandatory disclosures via the European Single Access Point, and the imposition of administrative penalties for breaches. These sanctions include fines of up to EUR 500,000 or 0.5% of annual turnover, alongside measures such as trading suspensions and prohibitions on issuing European Green Bonds.
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