TITLE: Austria's Financial Market Authority Imposes Sanction Against Raiffeisenlandesbank Burgenland for Prospectus Regulation Breaches BODY: On June 16, 2026, Austria's Financial Market Authority (FMA) imposed a fine of €20,000 against Raiffeisenlandesbank Burgenland and Revisionsverband eGen for violations of the Prospectus Regulation (Regulation (EU) 2017/1129). The FMA identified two breaches of the Prospectus Regulation. First, Raiffeisenlandesbank Burgenland and Revisionsverband eGen distributed advertising in the form of a brochure that contained information inconsistent with the prospectus, contrary to Article 22(3) of the Prospectus Regulation. Second, the institution failed to disclose in its advertising that a prospectus had been published, in breach of Article 22(2) of the Prospectus Regulation. The FMA emphasised that prospectus requirements serve investor protection and are central to information disclosure, as they eliminate information asymmetries between investors and issuers. The FMA concluded the proceedings under an accelerated procedure pursuant to Section 22(2b) of the Financial Market Authority Act (FMABG). The penalty is final and binding. This enforcement action underscores the FMA's commitment to ensuring compliance with prospectus disclosure requirements and protecting investors from misleading or incomplete information in marketing materials.

Bekanntmachung: FMA verhängt Sanktion gegen die Raiffeisenlandesbank Burgenland und Revisionsverband eGen wegen Verstößen gegen die Prospektverordnung - FMA Österreich

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