With the publishing of the FMA's supervisory priorities, the Austrian regulator intends to enable regulated entities to efficiently prepare for potential regulatory assessments.

The life cycle of a startup is defined by its milestones. It is a fast-forward lifestyle aimed at achieving success.

The European Parliament and Council have agreed to extend the AI Act's compliance deadline to December 2027, but this extension only affects timing, not substance.

Austrian law expressly recognises and protects a bank's duty of confidentiality (sometimes referred to as 'bank secrecy') with respect to information received by or relating to its customers. This duty is primarily governed by s 38(1) to (4) (scope and exceptions) and s 101 (criminal liability) of the Banking Act (BWG) and supplemented by several provisions of a procedural nature such as the Revenues Penal Code and the Criminal Procedure Code.

Austrian law expressly recognises and protects a bank's duty of confidentiality (sometimes referred to as 'bank secrecy') with respect to information received by or relating to its customers. This duty is primarily governed by s 38(1) to (4) (scope and exceptions) and s 101 (criminal liability) of the Banking Act (BWG) and supplemented by several provisions of a procedural nature such as the Revenues Penal Code and the Criminal Procedure Code.