Decentralised Finance (DeFi) is without question a rapidly evolving area at the intersection of blockchain technology, crypto assets and traditional financial services.

Through the PRIIPs Regulation, the EU is introducing a new standard for key information documents for the most important investment products.

Suppose you were a German bank lending to a Spanish debtor under a loan agreement governed by German law.

On 31 January 2012, the Financial Market Authority (FMA) amended the compliance regulation (Amendment to the Emittenten-Compliance-Verordnung 2007, ECV 2007) introducing the concept of „compliance-relevant information".

Wer die Arbeit der FMA verfolgt, weiß schon seit langem, dass Nachhaltigkeit am Finanzmarkt für die Behörde ein großes Thema ist.

With the amendment of the Austrian investment fund regime by virtue of including alternative investment funds into its scope, the tax aspects of re-qualifications of existing (private equity) vehicles into investment funds and thus the application of the Austrian investment fund tax regime were rather unclear.

Earlier this year the European Banking Authority (EBA) published the final Guidelines on the limited network exemption (LNE) under the Payment Service Directive 2 (PSD2)...

The Austrian Federal Government agreed in its 2013-2018 work programme, on the implementation of a nationwide ban on speculative financial transactions for the Federation, the Austrian Federal States, Austrian Municipalities, and other public bodies.

Die Offenlegungs-VO beschäftigt den Kapitalmarkt schon lange. Seit 1.1.2023 ist nun nicht nur die Offenlegungs-VO selbst, sondern auch die auf Grund der Offenlegungs-VO...

In the event of a public offer of securities, in order for the securities to be offered legally to investors, a prospectus must be prepared, approved by the competent authority and published.

The Austrian Stock Exchange Act has recently been amended to significantly extend disclosure obligations for share holdings in listed companies.

The controversial amendments to the Concessions Act have been in effect for more than a year and a half. At the time of their adoption by the Bulgarian Parliament they provoked widespread debate amongst the political parties, business circles and the Black Sea Municipalities on the anticipated negative consequences.

Consequent to the recent COVID-19 Emergency Measures Ordinance, many enterprises are faced with another "hard" lockdown.

30 November 2022. Overnight, AI becomes a commodity accessible to everyone. Within a short period of time 152 million users had interacted with OpenAI's ChatGPT.

Der österreichische Nationalrat hat am Dienstag, den 7. Juli 2020, eine Novelle zum inanzmarktaufsichtsbehördengesetz (FMABG) verabschiedet.

On 15 May 2017, the ECB published a guide on fit and proper assessments (the "Fit and Proper Guide"), which reflects the result of a public consolidation launched by the ECB on 16 November 2016.

For centuries, precious metals such as gold and silver have been one of the safest investments one could make in any crisis.

March 2026 – CRD VI (Directive (EU) 2024/1619) introduces a new harmonised EU regime requiring EU credit institutions and licensed (mixed)...

October 2025 – On 24 October 2025, the European Banking Authority ("EBA") published a consultation paper on revised guidelines on common procedures and methodologies for the supervisory review...

The Austrian Supreme Court has abolished its former line of decisions on the recognition of collateral granted by way of security transfer (Sicherungsübereignung) under foreign jurisdiction.