What is FINMA? FINMA Review, Features

What is FINMA? FINMA Review, Features

The Austrian Financial Market Supervisory Authority is a one-stop integrated supervisory authority.


About the Austrian Financial Market Supervisory Authority

Austrian Financial Market Authority (FMA);

The Austrian Financial Market Supervisory Authority (FMA) was established in 2002 and is a one-stop comprehensive regulatory agency.

It supervises banks, insurance companies, pension funds, financing companies, investment and investment service providers, investment funds, financial groups and stock exchanges in Austria. It also monitors the legal requirements and fair compliance of listed companies on the stock exchange.


Minimum capital requirements for applying for a license from the Austrian Financial Market Supervisory Authority

1. The initial capital of the investment company is required to be more than 50,000 yuan, and the following services can be provided:

1) Investment advice related to financial instruments

2) Receiving and delivering contracts related to one or more financial instruments

3) Portfolio Management

4) Transactions related to the above three points

2. Investment companies with an initial capital requirement of more than EUR 730,000 can operate MTF or OTF businesses.

<<:  What is the Belgian Financial Services Authority? Belgian Financial Services AuthorityReview, Features

>>:  What is Andorra Financial Institute? Andorra Financial Institute Review, Features

Recommend

The short position has risen again! Some US line prices have exceeded 80

In the past two weeks, air freight prices have be...

What is Trademe & Trademe Review

Trademe is New Zealand's largest online marke...

What is ASOS & ASOS Review

ASOS (As Seen On Screen) is a global online retai...

Emergency! Blizzard blocks roads, 75 Amazon FBA warehouses closed

This week, the United States was hit by extremely...

What is Weishipeiyun? Weishipeiyun Review, Features

Founded in Guangzhou in 1995, Weishipeiyun Group ...

Winter storm hits North America, consumer demand and retail sales decline

U.S. retail sales fell in February as severe wint...

Mercado Libre launches membership subscription service for Latin American users

According to foreign media reports, Mercado Libre...

Scammed out of $27 million! It was a fake Amazon person

The U.S. Federal Trade Commission ( FTC ) said on...

Sold out as soon as it was launched, niche products became popular on TikTok

For women who love beauty, it is a terrible thing...

10 million Chinese-made magnets recalled due to fatal risks

Magnets are common small parts in daily life , an...

What is GhostBed? GhostBed Review, Features

GhostBed is an online mattress sales website. Abo...

What is Prive Reveaux? Prive Reveaux Review, Features

Prive Reveaux set out to disrupt the eyewear indu...