2026-04-16

Added · Updated

MiCAR Enforcement Act (MiCA-VVG)

The Austrian Federal Act implementing Regulation (EU) 2023/1114 designates the Austrian Financial Market Authority (FMA) as the competent authority for supervising crypto-asset markets and mandates cooperation with the Oesterreichische Nationalbank. The legislation grants the FMA extensive supervisory powers, including the authority to demand information, conduct on-site inspections, and suspend or prohibit crypto-asset services and trading to protect investors and ensure market integrity. Furthermore, the Act empowers the regulator to impose temporary measures against non-compliant entities, such as appointing government commissioners and restricting capital distributions, to avert threats to the fulfillment of legal obligations.

Finanzmarktaufsicht logo

Austria

Finanzmarktaufsicht

Click to view full text

More like this from FMA

FMA published 1 document in the last 30 days. We email you each new one the day it's published.

Topics
Share