The update concerns an amendment to Austria's National Bank Act 1984, but the specific provisions are not detailed, making it impossible to determine whether this relates to retail banking, investment services, lending, or purely central banking governance.
Low confidence — REQUIRES HUMAN REVIEW. Without knowledge of the amendment's specific content, no secondary tag can be confidently assigned; this appears to be central bank legislation rather than a product/service regulatory update.
Specialism
The update describes a formal amendment to Austria's National Bank Act but provides no specific details about the substantive provisions, making it impossible to determine which payments compliance category applies.
As a general banking legislation amendment with no disclosed content, this cannot be reliably mapped to any specific payments compliance specialism and requires human review to determine actual regulatory impact.
2026-02-19 09:41:06·adavies@vixio.com
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TITLE: Austria Amends the National Bank Act 1984
BODY:
On February 18, 2026, the Austrian Parliament enacted a federal law amending the National Bank Act 1984 (Nationalbankgesetz 1984). The amendment was passed by the National Council (Nationalrat) on January 21, 2026, and subsequently approved by the Federal Council (Bundesrat) on February 5, 2026.
The specific provisions of the amendment are not detailed in the available source material. However, the legislation represents a formal modification to Austria's primary banking legislation governing the Austrian National Bank (Oesterreichische Nationalbank). The amendment was introduced by Parliament during the 28th legislative period.
The law is published in the Austrian Federal Law Gazette (Bundesgesetzblatt) Part I, Issue 7/2026, and is now in effect as of its publication date. The legislation can be accessed via the Austrian Legal Information System (RIS) using the European Legislation Identifier at https://www.ris.bka.gv.at/eli/bgbl/I/2026/7/20260218.
REFERENCES:
Austrian Federal Law Gazette (Bundesgesetzblatt) Part I, Issue 7/2026, published February 18, 2026