Austria: Financial Sector Assessment Program-Technical Note on Selected Issues in Banking Regulation and Supervision of Less-Significant Institutions (LSIs)

Author: International Monetary Fund. Monetary and Capital Markets Department

Volume/Issue: Volume 2026 Issue 225

Publication date: August 2026

ISBN: 9798229058698

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	Paperback	PDF	ePub
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Money and Monetary Policy , Business and Financial , Financial Sector Assessment Program , Bank supervision , Bank regulation , Financial sector stability

Also of interest

Nepal

Peru

Grenada

Peru

Summary

This Technical Note (TN) summarizes the main conclusions of the targeted review of banking regulation and supervision in Austria. This targeted review mainly focuses on how effectively and adequately risk-based supervision of “Less Significant Institutions” (LSIs) is implemented in Austria, considering the proactive application of the principle of proportionality to the large number of LSIs. Based on the applicable international standards (the revised Basel Core Principles), in the institutional context of the Eurosystem, the 2026 Austria Financial Sector Assessment Program (FSAP) has leveraged the results of the 2025 Euro Area FSAP and is limited to LSIs. Significant legal and regulatory reforms have been implemented in Austria since the previous FSAP, and supervisory authorities have implemented strategic internal reforms adapted to their evolving supervisory needs. The partial implementation of the 2020 Austria FSAP recommendations on banking regulation and supervision has been assessed in that updated context.