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.

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