Key Benefits:
246. Regulation of the Financial Market Supervisory Authority (FMA) amending the hybrid regulation
On the basis of § 23 (17) 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 recognition of hybrid capital (hybrid ordinance-HybV), BGBl. II No 336/2010, shall be amended as follows:
1. In the heading § 2, the word order shall be "In-Force Trets" through the phrase "In-and out-of-power" replaced.
2. The previous text of § 2 receives the sales designation "(1)" . The following paragraph 2 is added:
"(2) This Regulation shall expire on 31 December 2013."
Ettl Kumpfmüller