Showing 1 - 10 of 11
This paper presents Austria's 2019 Financial System Stability Assessment. The Austrian authorities have proactively strengthened the financial stability framework since the previous Financial Sector Assessment Program (FSAP). The FSAP analysis suggests that banks are, in aggregate, resilient to...
Persistent link: https://www.econbiz.de/10012178621
This review provides an update on the Austrian insurance sector and an analysis of certain key aspects of the regulatory and supervisory regime. The note analyzes regulation and supervision in relation to key issues identified in previous Financial Sector Assessment Programs (FSAP), as well as...
Persistent link: https://www.econbiz.de/10012178766
This technical note assesses strengths and weaknesses of the macroprudential policy framework in Austria and provides policy recommendations. Financial sector resilience in Austria has improved significantly since the global financial crisis, and the macroprudential policy framework has been...
Persistent link: https://www.econbiz.de/10012178768
This Technical Note sets out the findings and recommendations made in the context of the 2019 Financial Sector Assessment Program for Austria in the areas of Anti-Money Laundering/Combating the Financing of Terrorism. It provides a targeted review of Austria's progress in addressing the Money...
Persistent link: https://www.econbiz.de/10012178770
This technical note on Austria presents the Financial Stability analysis, stress testing, and interconnectedness. Austria's banking sector presents unique structural vulnerabilities. Private credit growth has supported the cyclical boom without jeopardizing household and corporate indebtedness....
Persistent link: https://www.econbiz.de/10012178812
The Austrian authorities have been making great efforts since 2003 to enhance the quality of banking supervision and keep up-to-date with banking sector developments. Banks face a reputation risk arising from exposure to money laundering/financing of terrorism risk in both domestic and...
Persistent link: https://www.econbiz.de/10014403480
This technical note focuses on the Austrian banking system that exhibits considerable resilience against shocks determined by stress tests. The main sources of risk lie in the credit risk arising from exposures to Central, Eastern, and Southeastern Europe (CESE) and the Commonwealth of...
Persistent link: https://www.econbiz.de/10014403572
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...
Persistent link: https://www.econbiz.de/10014407001
This technical note highlights the financial sector assessment program update of Austria with factual update for effective banking supervision. Financial sector regulation and supervision should be conducted in the general public interest. Although authorities have acted effectively in recent...
Persistent link: https://www.econbiz.de/10014407002
Austria’s Financial System Stability Assessment highlights Reports on the Observance of Standards and Codes on banking supervision, securities regulation, and insurance regulation. The banking sector has weathered the recent economic slowdown well, and is generally sound and resilient. Austria...
Persistent link: https://www.econbiz.de/10014406132