The Financial Market Authority of Austria published its 2020 annual report, focusing on supervision and inspection priorities related to governance systems, information technology security and digitalization and the prevention of money laundering.
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The Financial Market Authority of Austria imposed sanctions against the Austria-based financial institution for regulatory breaches, including due diligence, anti-money laundering, and counterterrorist financing obligations.
The Financial Market Authority of Austria announced that the Federal Administrative Court has confirmed the penal order issued by the regulator against the Vienna, Austria-based financial institution, which imposes a €500,000 for anti-money laundering and counterterrorist financing breaches.
|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 : 109/141|
|Score : 4.38/10|
|Rank : 15/180|
|Score : 76/100|
|Rank : 36/133|
|Score : 56/100|