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The FMA is an independent authority within the framework of the Financial Market Authority Act (FMABG), and is thus not bound by any political directives in the exercise of its office. [ citation needed ] However, the Ministry of Finance (Austria) has the right to consent to individual FMA regulations.
The Financial Market Authority (FMA) is the primary regulatory body for the Austrian financial market, responsible for supervising banks, insurance companies, pension funds, and other financial institutions. [2] Established in 2002, the FMA aims to ensure the stability, transparency, and integrity of the Austrian financial market.
Reserve Bank of New Zealand ; Financial Markets Authority: Niger: Banking Commission of the West African Monetary Union (CB-UMOA) ; Financial Markets Authority of the West African Monetary Union (AMF-UMOA) ; Regional Insurance Control Commission (CRCA) Nigeria
Austria: Financial Market Authority (FMA) Belgium: Commission Bancaire, Financière et des Assurances (CBFA), then Financial Services and Markets Authority (FSMA) from 1 April 2011; Bulgaria: Financial Supervision Commission Croatia: Croatian Financial Services Supervisory Agency (Hanfa), from accession on 1 July 2013
Financial Market Authority (Austria) This page was last edited on 28 February 2023, at 04:39 (UTC). Text is available under the Creative Commons Attribution ...
FISMA C - Financial markets; FISMA D - Banking, insurance and financial crime; FISMA E - Financial stability, sanctions and enforcement; In the current legislature period (2019-2024) DG FISMA focuses on the achievement of one of the six top European Commission's political priorities, namely "An economy that works for people". [5]