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The European Banking Authority (EBA) has elected Helmut Ettl as vice-chairperson for a two and a half year term as Jo Swyngedouw’s term comes to a close

On May 5, Bloomberg reported that the Justice Department is investigating whether Binance Holdings Ltd., the world's largest cryptocurrency exchange was used illegally by Russians to circumvent U.S.

By Luigi Serenelli2021-01-06T13:49:00+00:00 The Austrian Financial Market Authority (FMA) has decided to impose the recommendations of the European Systemic Risk Board (ESRB) on funding stability of financial institutions onto Pensionskassen and occupational Vorsorgekassen. The ESRB recommended financial institutions to refrain from distributing dividends, or committing to making a dividend distribution; buying back ordinary shares and creating an obligation to pay remuneration to executives. The recommendations last until 30 September. Financial institutions also include insurance and re...

0.00% Austrian Financial Market Authority: 594 victims of financial fraud contacted the Austrian Financial Market Authority (FMA) in 2020 – an all-time high in an increasing trend over a period of several years. The average loss sustained is around 42,000 Euro per person. Around 40% of victims of fraud were contacted by telephone – a practice known as “cold calling” and were offered investments that apparently promised high returns during the course of the telephone call. Around 60% lost their money over the Internet – with “insider” tips and financial products promising large ...