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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.
European Central Bank through European Banking Supervision ; Financial Supervision Authority (Finanssivalvonta or FIN-FSA) ; Finnish Financial Stability Authority (RVV) France European Central Bank through European Banking Supervision ; Prudential Supervision and Resolution Authority (ACPR) ; Financial Markets Authority (AMF) ; Haut Conseil du ...
VIENNA (Reuters) -A top U.S. sanctions official will this week warn Austria and Raiffeisen Bank International of the dangers of doing business in Russia, piling pressure on the biggest Western ...
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
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]
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