Finanzkonglomerategesetz – FKG sowie Änderung des Versicherungsaufsichtsgesetzes, des Bankwesengesetzes, des Wertpapieraufsichtsgesetzes, des Finanzmarktaufsichtsbehördengesetzes, des Börsegesetzes und des Pensionskassengesetzes

This legislative act establishes a legal framework for the supervision of financial conglomerates in Austria. It aims to ensure the stability of the financial system by coordinating the oversight of complex groups that operate across different financial sectors, such as banking and insurance. The law affects financial institutions, insurance companies, and investment firms. It updates the supervisory powers of the Financial Market Authority (FMA) and modifies existing laws governing banking, securities, and pension funds.