Regulatory Alerts2026-05-07
Securities Supervision Act 2018 (WAG 2018)
The Austrian Federal Ministry issued the Securities Supervision Act 2018 to transpose EU directives and establish the regulatory framework for investment firms and financial markets in Austria. The legislation defines key terms, outlines organizational requirements for investment services, and mandates strict client asset safeguarding and conduct of business standards. It further empowers the Financial Market Authority with comprehensive supervisory powers, including enforcement measures and cooperation protocols with European and third-country authorities.
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