The Council of Europe’s Group of States against Corruption published a fifth round evaluation report on Austria’s measures for corruption prevention with respect to top executive functions and law enforcement authorities.
The Austrian Financial Market Authority published a report concerning currents trends and strategies for 2023, highlighting supervision priorities and efforts to keep pace with the rapidly advancing digitalization of the financial sector.
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The Austrian Financial Market Authority imposed a €367,542 fine on the Vienna, Austria-based insurance company for multiple breaches of customer due diligence obligations as required by the Financial Market Authority Act.
The Financial Market Authority of Austria imposed a €100,000 fine on the Pongau, Austria-based bank for two breaches of anti-money laundering and counterterrorist financing obligations.
|Compliant : 18||High : 0|
|Largely Compliant : 18||Substantial : 3|
|Partially Compliant : 4||Moderate : 6|
|Non-Compliant : 0||Low : 2|
Austria's technical compliance was re-rated in a Nov. 22, 2018 follow-up report.
|Rank : 23/110|
|Score : 4.42/10|
|Rank : 15/180|
|Score : 76/100|
|Rank : 36/133|
|Score : 56/100|