ESG-Rating-Verordnung-Vollzugsgesetz; Finanzmarktaufsichtsbehördengesetz, Änderung

This legislative procedure concerns the implementation of European regulations regarding ESG (Environmental, Social, and Governance) ratings. It aims to integrate these standards into national law to ensure transparency and reliability in how companies' sustainability performance is assessed. The changes affect financial market authorities and providers of ESG ratings in Austria. It updates the Financial Market Authority Act to ensure proper supervision and compliance with new EU-wide financial transparency standards.