Regulatory Alerts2022-11-09
Regulation of the Financial Market Authority on Statistical Reporting of Fraud Cases by Payment Service Providers
The Austrian Financial Market Authority issued this regulation to mandate payment service providers to submit statistical reports on fraud cases. Providers must file these reports semi-annually with the Oesterreichische Nationalbank by 30 June and 31 December. The reporting requirements cover detailed data breakdowns for credit transfers, direct debits, and card-based transactions.
Share