Austria : Financial Sector Stability Assessment

Publication Date: September 10, 2013
Electronic Access: Free Full text (PDF file size is 1,588KB).
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Summary: This Financial Sector Stability Assessment report reviews economic development and different fiscal policies in Austria. The global crisis has revealed weaknesses in Austria’s financial stability policy framework, and recent changes at the European levels provide an opportunity to address these. Stress test results indicate that under adverse medium-term scenarios, virtually all Austrian banks, including all internationally active institutions, would meet regulatory capital requirements, and are resilient to funding and contagion risks. The Austrian Financial Market Authority (FMA) and the central bank (OeNB) collaborate effectively in performing banking supervision, including on a cross-border basis.
Series: Country Report No. 13/283
Subject(s): Banking sector | Bank supervision | Bank resolution | Deposit insurance | Anti-money laundering | Combating the financing of terrorism | Risk management | Financial stability | Financial system stability assessment | Reports on the Observance of Standards and Codes | Austria

Publication Date: September 10, 2013
ISBN/ISSN: 9781484356302/1934-7685 Format: Paper
Stock No: 1AUTEA2013003 Pages: 71
US$18.00 (Academic Rate:
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