Verordnung der Finanzmarktaufsichtsbehörde (FMA) über die Annerkennung von hybridem Kapital
This regulation from Austria's Financial Market Authority (FMA) outlines the criteria for recognizing hybrid capital. Hybrid capital is a type of financing that blends features of both debt and equity, often used by financial institutions. It affects financial institutions operating in Austria and clarifies how their hybrid capital instruments will be assessed for regulatory purposes, impacting their capital adequacy and risk management.