ID 50. Supervisory authority
(Internal reference 48)
Information about relevant authority
What is the relevant supervisory authority? In Austria, would this be the FMA?
The supervisory authorities refer to the authorities in charge of the supervision of the payment service provider. It is up to each Member State to designate them in accordance with the subsidiarity principle.
Member States will notify the designated competent authorities to the European Commission. For further information, please consult the following website: http://ec.europa.eu/internal_market/payments/docs/framework/transposition/authorisation_supervision_en.pdf.