publication . Article . Preprint . 2008

Austria: Financial Sector Assessment Program Update Technical Note: Factual Update and Analysis of the IOSCO Objectives and Principles of Securities Regulation

International Monetary Fund;
Open Access
  • Published: 02 Jul 2008 Journal: IMF Staff Country Reports, volume 8, page i (issn: 1934-7685, Copyright policy)
  • Publisher: International Monetary Fund (IMF)
Abstract
This technical note focuses on the International Organization of Securities Commissions objectives and principles of securities regulations of Austria. The 2003 assessment found that Austria had fully broadly implemented a large majority of principles. The human resources of the Securities Supervision Department of the Financial Market Authority (FMA) should be increased, especially to conduct on-site inspections, in addition to the 14 planned appointments. Administrative fines should be raised further to levels elsewhere in Europe.
Subjects
free text keywords: Austria;Capital markets;Financial Sector Assessment Program;Securities regulations;Securities markets;market manipulation, insider dealing, external auditors, collective investment schemes, investors
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publication . Article . Preprint . 2008

Austria: Financial Sector Assessment Program Update Technical Note: Factual Update and Analysis of the IOSCO Objectives and Principles of Securities Regulation

International Monetary Fund;