Change Of Information - And Equivalence Determination Regulation

Original Language Title: Änderung der Informationen- und Gleichwertigkeitsfestlegungsverordnung

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268. Regulation of the Financial Markets Authority (FMA) amending the Regulation on Information and equivalence of equivalence

Pursuant to Section 70 (5) (1) and (2) and Section 71 (3) of the Investment Fund Act-InvFG 2011, BGBl. I n ° 77, shall be assigned:

The Regulation of the Financial Markets Authority (FMA) laying down the appropriate information and the criteria for assessing the equivalence of prudential rules and the level of protection of unit-holders in the case of investment rules (Information and equivalence-setting regulation-IG-FestV), BGBl. II No 168/2008, shall be amended as follows:

Section 1 (1) reads as follows:

" (1) In the case of money market instruments pursuant to Section 70 (4) (2) and (4) of the InvFG in 2011 and in the case of money market instruments, which are made by a regional or local authority of a Member State or by an international public body, Legal The "appropriate information" referred to in Article 70 (4) of the InvFG 2011 shall not be guaranteed by a Member State or, if it is a federal state, by a member state of the Federation, but neither shall it be granted.

1.

information on both the issuance and the issuance programme and on the legal and financial situation of the issuer prior to the issuance of the money market instrument;

2.

updates of the information referred to in Z 1 at regular intervals, at least annually, and in the event of significant events;

3.

an examination of the information referred to in Z 1 by means of suitably qualified third parties, independent of instructions from the issuer, who are specialised in the verification of legal or economic documentation and integrity;

4.

available and reliable statistics on emission and emission programmes. "

2. In Section 1 (2), the word order shall be " § 20 sec. 3 Z 9 lit. c InvFG 1993 " through the phrase "§ 70 Abs. 4 Z 3 InvFG 2011" and the phrase "§ 20 sec. 3 Z 9 InvFG 1993" through the phrase "§ 70 para. 4 InvFG 2011" replaced.

3. In Section 1 (3), the word order shall be " § 20 sec. 3 Z 9 lit. a InvFG 1993 " through the phrase "§ 70 Abs. 4 Z 1 InvFG 2011" and the phrase "§ 20 sec. 3 Z 9 InvFG 1993" through the phrase "§ 70 para. 4 InvFG 2011" replaced.

4. In § 2, the phrase " § 20 sec. 3 Z 9 lit. c InvFG 1993 " through the phrase "§ 70 Abs. 4 Z 3 InvFG 2011" replaced.

5. In § 3, the word order shall be " § 20 sec. 3 Z 8c lit. b InvFG 1993 " through the phrase "§ 71 para. 2 Z 2 InvFG 2011" replaced.

6. The previous text of § 4 receives the sales designation "(1)" and the following paragraph 2 is added:

" (2) § 1 (1) to (3), § § 2 and 3 in the version of the BGBl Regulation. II No 268/2011 shall enter into force on 1 September 2011. '

Ettl Pribil