2026-04-24

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Alternative Financing Act (AltFG)

The Austrian Federal Act on Alternative Forms of Financing establishes a legal framework for public offerings of securities and investments exempt from prospectus requirements under specific monetary thresholds. It imposes strict investor protection measures, including a EUR 5,000 annual investment limit for retail investors and mandatory disclosure of issuer information and risk warnings. The legislation also regulates internet platform operators by requiring authorization, identity verification, and transparency, while assigning enforcement authority to the Federal Minister for Digital and Economic Affairs.

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Austria

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