CORRECTION: FMA Austrian Financial Market Authority / notice according to Art 116 para 6 BaSAG

Press Wire ♦ Published: April 10, 2016; 16:32 ♦ (Vindobona)

The Austrian Financial Market Authority (FMA) in its function as the resolution authority under the Austrian Bank Recovery and Resolution Act (BaSAG) transposing the Bank Recovery and Resolution Directive (BRRD) into national law hereby notifies the application of the bail-in tool in respect of HETA Asset Resolution AG by emergency administrative decision of 10 April 2016.

CORRECTION: FMA Austrian Financial Market Authority / notice according to Art 116 para 6 BaSAG / Picture: © Vindobona.org

 

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