Summary
Details
- Austria
Mandatory for:
Financial market participants and advisers.
Exceptions:
Non-financial corporates (unless acting as FMPs).
Deep dive
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What’s Required
Austria enforces the EU Sustainable Finance Disclosure Regulation (SFDR) through financial market supervision.
Key requirements include:
Entity- and product-level sustainability disclosures.
Classification of financial products (Articles 6, 8, 9).
Ongoing updates and website disclosures.
Important Deadlines
Periodic: annual and ongoing disclosures.
Event-based: triggered by new products or changes.
Current Status
SFDR supervision is active, with increasing scrutiny on greenwashing.
Penalties for Non-Compliance
Administrative sanctions.
Public enforcement actions.
Examples of Known Violations
Misclassification of products.
Inconsistent disclosures across channels.
Resources
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