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The Austrian Financial Market Authority (FMA) declares its support for European convergence and will enforce the recommendations in the letter in its capacity as the national competent authority in relation to the leg...
On the basis of Article 33 PSD2, Article 5 (1) (k) does not apply to AISPs. This means that AISPs, for authorisation as a payment institution, do not need to submit a description of the internal control mechanisms wit...
The Austrian Financial Market Authority (FMA) recently published a circular to provide more clarity regarding the application of the "limited network" exemption for payment services under the Payment Service Directive...
Die Leitlinien richten sich an die zuständigen Behörden (FMA) sowie an Zahlungsinstitute, E-Geld-Institute und Kontoinformationsdienstleister und betreffen die Antragsstellung.
Licences for Austrian payment institutions and payment initiation service provider are granted by the Financial Market Authority. The registration of account information service providers is also conducted by the Fina...
This contribution presents the implementation of the PSD2 in Austria, focusing on the Austrian Payment Service Act 2018 (ZaDiG 2018) that generally adopts the structure of the PSD2.
The Guidelines specify the detailed documentation that applicants are required to submit to national competent authorities for the purpose of authorisation or registration.
The Austrian Financial Market Authority (FMA) recently published a circular to provide more clarity regarding the application of the "limited network" exemption for payment services under the Payment Service Directive...
Since Austria is a member of the European Economic Area, the FMA works closely with European supervisory authorities including the European Banking Authority (EBA), European Insurance and Occupational Pensions Authori...
In this section you can find out more about the European background as well as detailed information about the Austrian Payment Services Act 2018 (ZaDiG 2018; Zahlungsdienstegesetz 2018).
