Financial Market Authority – Austria

The Financial Market Authority (FMA) of Austria is the integrated regulator for the Austrian financial market, established to ensure the proper functioning and stability of the financial system. It supervises a wide range of financial services including banks, insurance companies, pension companies, and the securities market.

Key Functions and Responsibilities

• Regulatory Oversight: The FMA regulates and supervises all significant financial market participants and products in Austria, ensuring compliance with both national and European laws.
• Consumer Protection: The FMA is committed to protecting consumers by ensuring transparency, fairness, and adherence to the principles of good governance within the financial market.
• Market Integrity: It plays a critical role in maintaining the integrity of Austria’s financial markets through comprehensive supervision and enforcement activities.

Strategic Initiatives

The FMA focuses on ensuring financial stability, enforcing compliance with financial reporting, and combating money laundering and terrorist financing. It also places a strong emphasis on digital resilience and sustainability within the financial sector.

Recent Developments

The FMA actively participates in shaping regulatory policies at the European level and is involved in numerous cross-sectoral initiatives to enhance financial market supervision, including measures related to digital operational resilience and the regulation of crypto-assets.