Austria out of EEA – CM PB

2024, Cross-border, Update

Country Manual Private Banking – Austria out of EEA BRP Update 2024

BRP has updated its Country Manual Private Banking for Austria out of EEA out of bank’s country of establishment (DEF, RS, BT and RT)

Source of changesAnswers
Law / Regulation
No
New Position of the AuthoritiesNo
Evolution of Expert’s InterpretationNo

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The relevant regulatory restrictions and conditions for cross-border services from an EEA country into Austria have been reviewed to ensure that the content of the documents remains accurate and in line with the evolving interpretation of the current legal and regulatory framework. No major material changes have occurred since the last update of the Manual.

Non-material changes

The documents have been reformatted onto the latest template. Some content has been reworded, without introducing material changes, to provide more clarity.

Regulatory Summary

This document has now a more user-friendly layout and reflects the changes contained in the RT.

For more information, please contact us: info@brpsa.com

Geneva, April 2nd, 2024