Key Benefits:
317. Regulation of the Financial Markets Authority (FMA), with which the 5. Liquidity Regulation is amended
Pursuant to Section 25 (7) (2) and (12) of the Banking Act (BWG), BGBl. No. 532/1993, as last amended by the Federal Law BGBl. I No 184/2013, shall be arranged:
The Regulation of the Financial Markets Authority (FMA) on the liquidity requirements (5. Liquidity Regulation-5. LiquiV), BGBl. II No 32/2012, shall be amended as follows:
1. In § 1, the reference "§ 25 (7) Z 2 BWG" by reference "§ 25 (5) Z 2 BWG" replaced.
2. In § 2, the reference "§ 25 (12) BWG" by reference "§ 25 (10) BWG" replaced.
3. The following paragraph 3 is added to § 3:
" (3) § 1 and § 2 in the version of the BGBl Regulation. II No 317/2013 will be 1. Jänner 2014 in force. "
Ettl Kumpfmüller