Thomson Reuters Legal Europe has published the annual update (Sept 2025) of the survey compiled by CERHA HEMPEL Banking & Finance Partner Peter Knobl on banking regulation in Austria.
This year’s update includes new chapters on the Austrian Credit Servicers and Credit Purchasers Act, on envisaged amendments relating to the licencing of third-country banks’ branches in Austria, on the EU’s Sustainability Omnibus package, on the replacement of the FMA’s KIM-Regulation by an FMA circular on private residential real estate lending, on the introduction of additional stability tax payments due by Austrian establishments of banks for the years 2025 and 2026 and on upcoming EU legislation, such as the CMDI package, MLD6 and MLR, further PSD3 and PSR1.
EU and corresponding national legislation on banking regulation keeps on with regulatory amendments at a fast pace, however punctually trying to implement more balanced solutions for small and non-complex institutions.