Value Paper Mediation Regulation

Original Language Title: Wertpapiervermittlungsverordnung

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88. Regulation of the Federal Minister of economy, family and youth about the admission requirements for the regulated sector of the paper education in values (value paper placement Regulation)

On the basis of § 18 para 1 as well as 352a para 1 of the Gewerbeordnung 1994, BGBl. No. 194/1994, as last amended by Federal Law Gazette I no. 144/2011 and amended the by-laws Federal Law Gazette I no. 6/2012, is prescribed:

Entry requirements

(§ 1 (1) by the hereinafter mentioned documents is the professional qualification for the inaugural of the unrestricted trade of value securities intermediary (§ 94 Z 77 GewO 1994) regarded as fulfilled: 1 testimonials about the successfully dropped qualification examination or 2. testimonies of a) the successful completion of a professionally relevant business studies, the successful completion of a technically relevant, at least semester University course or a technically relevant, at least semester University course or a professionally relevant , at least semester course of university level (per training course at least 75 ECTS) and b) at least one year professionally relevant work.

(2) as a highly relevant training in the sense of paragraph 1 subpara 2 lit. a training, what courses in the field of investments does includes a. As technically relevant activities within the meaning of para 1 subpara 2 lit. b are in the relevant consultancy incurred trade and brokering or relevant consulting and mediation activities in other companies, particularly in financial institutions or the securities supervision Act-controlled investment firms and investment service providers to look at. The relevant activities must include experience in the field of investments and prorated extended vollzeitlichem scope, or when part time activities take place.

Examination fee

§ 2. The examination fee for the securities intermediary of value of is within the meaning of annex 1 of the General examination regulations, BGBl. II Nr 110/2004, 12% of the civil servants salary referred to in § 5 para 2 of the General examination regulations.

Entry into force

§ 3. This Regulation shall enter into force the day of its proclamation.