Regulatory Alerts2026-04-24
DLT Regulation Implementing Act (DLT-VVG)
The Austrian Federal Government enacted the DLT Regulation Implementing Act to designate the Austrian Financial Market Authority (FMA) as the competent authority for Austria under EU Regulation 2022/858. The legislation empowers the FMA to supervise DLT-based market infrastructures by exercising comprehensive inspection rights, imposing temporary administrative measures like capital restrictions or government commissioner appointments, and enforcing compliance through coercive penalties. Additionally, the Act establishes precise cost allocation mechanisms for supervising investment firms and central securities depositories, with full effect beginning on 1 July 2023.
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