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ID 50. Supervisory authority (Internal reference 48)
Information about relevant authority Back

Relevant provisions

Article 42 (1) (b) of Directive 2007/64/EC


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:


Submitted on 18/06/2008

Legislative Area

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Asset management
Capital Requirements Directives (CRD)
Markets in Financial Instruments Directive
Payment services

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