Backup Facilities Reporting Regulation Siei-Mv

Original Language Title: Sicherungseinrichtungen-Meldeverordnung – SiEi-MV

Read the untranslated law here: https://www.global-regulation.com/law/austria/2997051/sicherungseinrichtungen-meldeverordnung--siei-mv.html

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
391st regulation of the financial market authority (FMA) on the messages of safety devices (safety devices reporting regulation SiEi-MV)

On the basis of § 33 para 2 of the deposit guarantee and investor compensation act - ESAEG, Federal Law Gazette I no. 117/2015, is prescribed:

Representation of the messages

§ 1 protection schemes have to represent the content in accordance with § 33 para 1 ESAEG according to the system (see equipment).

Login-technical provisions

2. (1) unless the grounds are clearly specify amounts in thousand euros and percentages to the second decimal place unless otherwise specified. There are to complete the following places from one to four, and to round up from five to nine.

(2) foreign currency positions shall be converted on the basis of the euro reference rate of the European Central Bank (ECB) at the reporting date in euros. No euro the ECB reference rate is available for a currency exchange resources rates at the reporting date are to be used.

(3) the messages are to refund deadlines referred ESAEG to the FMA and the OeNB in standardised form by means of electronic transmission within the in article 33, paragraph 1. The transfer must meet specific, advertised by the FMA after consulting of the Austrian National Bank minimum requirements.

Entry into force

§ 3. This regulation comes into force on December 31, 2015 and is for the first time on messages at the date 31 December 2015 to apply.

Ettl Kumpf Müller