Amendment Of The Financial Conglomerate Quarterly Report Regulation

Original Language Title: Änderung der Finanzkonglomeratsquartalsberichts-Verordnung

Read the untranslated law here: http://www.ris.bka.gv.at/Dokumente/BgblAuth/BGBLA_2013_II_358/BGBLA_2013_II_358.html

358. Regulation of the financial market authority (FMA), modifies the financial conglomerate quarterly report regulation

On the basis of § 9 par. 5 and § 14 para 5 of the financial conglomerates Act - FKG, Federal Law Gazette I no. 70/2004, as last amended by the Federal Act Federal Law Gazette I no. 184/2013, – relating to § 14 para 5 FKG with the consent of the Federal Minister for finance - prescribed:

Financial conglomerate quarterly report regulation FK-QUAB-V, Federal Law Gazette II No. 101/2007, as last amended by regulation Federal Law Gazette II No. 101/2011, is amended as follows:

1. in article 2, paragraph 2, the reference is "§ 27 para 11 and 12 BWG" the reference "article 4 number 39 of the Regulation (EU) No. 575/2013 of prudential requirements on credit institutions and investment firms, OJ" No. L 176 of 27.06 2013 S. 1 "replaced.

2. § 2 para 3 is: "(3) article 403 of Regulation (EU) is no. 575/2013 apply mutatis mutandis for the attribution of the concentration of credit risk to a third party."

3. paragraph 3 section 1:

"(1) in determining the amount of a credit risk concentration are articles 389, use 390 par. 3 to 6 and 392 of the Regulation (EU) No. 575/2013 with the proviso, that the word"Concentration of credit risk"each occurs instead of the word"Large exposure"and"Total risk position"."

4. paragraph 4 section 1:

"(1) section 1 of the Regulation (EU) solely for the purposes of section 5 are values determined in accordance with section 3 using the principles of article 400 weight no. 575/2013 and the article 103q Z 4 BWG, where instead of the word"Bank Group"the word"Financial conglomerate"and in place of the word"Large exposure"is the word"Concentration of credit risk"." "The article 400 1 paragraph 6(g) of Regulation (EU) No. 575/2013 used"credit check credit institution"refers for the purposes of this regulation a financial industry pursuant to section 2 Z 7 FKG."

5. in section 5 Z 1 is the reference "§ 27 para 11 and 12 BWG" the reference "article 4 number 39 of the Regulation (EU) No. 575/2013" replaced.

6. in article 7, paragraph 1, the word order is "business in accordance with Appendix 1 to section 22 BWG" by the phrase "business in accordance with Annex I of to Regulation (EU) No. 575/2013", the phrase "business in accordance with Annex 2 to section 22 BWG" by the phrase "business in accordance with annex II of to Regulation (EU) No. 575/2013", and the phrase "the methods of section 22, subsection 5 and 6 BWG" by the phrase "methods of article 273-294 of Regulation (EU) No. 575/2013" replaced.

7 the following paragraph 3 is added to § in 10:

"(3) section 2 paragraph 2 and 3, article 3, paragraph 1, article 4, paragraph 1, section 5 Nos. 1 and article 7, paragraph 1, and the plant in amended by regulation Federal Law Gazette II No. 358/2013 with 1 January 2014 into force."

8. the system is: (see attachment)

Ettl Kumpf Müller