Examples of Austrian Banking Act in a sentence
Raiffeisen Kapitalanlage-Gesellschaft m.b.H., ViennaRaiffeisen Kapitalanlage-Gesellschaft m.b.H. (“the management company”) is a management company within the meaning of § 1 (1) item 13 of the Austrian Banking Act (BWG) in combination with § 6 (2) of the 2011 Austrian Investment Fund Act (InvFG) and an alternative investment fund manager within the meaning of the Austrian Alternative Investment Fund Managers Act (AIFMG).
Raiffeisen Kapitalanlage-Gesellschaft m.b.H. (“the management company”) is a management company within the meaning of § 1 (1) item 13 of the Austrian Banking Act (BWG) in combination with § 6 (2) of the 2011 Austrian Investment Fund Act (InvFG) and an alternative investment fund manager within the meaning of the Austrian Alternative Investment Fund Managers Act (AIFMG).
Raiffeisen Kapitalanlage-Gesellschaft m.b.H., ViennaRaiffeisen Kapitalanlage-Gesellschaft m.b.H. (“the management company”) is a management company within the meaning of § 1 (1) item 13 of the Austrian Banking Act (BWG) in combination with § 6 (2) of the 2011 Austrian Investment Fund Act (InvFG) and an alternative investment fund manager within the meaning of the Austrian Alternative Investment Fund Managers Act (AIFMG).
The management company provides notice that it may process transactions for the investment fund through a closely associated company, and thus through an affiliate within the meaning of § 2 item 28 of the Austrian Banking Act.
Processing of transactionsThe Management Company expressly states that it can have transactions for the Investment Fund completed through a firm with which it is closely associated, an associated company pursuant to § 2 item 28 of the Austrian Banking Act (Bankwesengesetz).
As part of the deposit insurance system operated by the Vienna-based Banken and Bankiers GmbH, in accordance with section 93 Austrian Banking Act, OeKB and Exportfonds are required to guarantee a proportionate amount of deposits.
The right of the management company to manage an investment fund will lapse upon expiry of its investment business license (§ 1 (1) item 13 of the Austrian Banking Act in combination with § 6 (2) InvFG) or its authorization pursuant to Art.
Other grounds for termination of management The right of the management company to manage an investment fund will lapse upon expiry of its investment business license (§ 1 (1) item 13 of the Austrian Banking Act in combination with § 6 (2) InvFG) or its authorization pursuant to Art.
Delegation of tasksThe Management Company notes that it has delegated tasks to a firm with which it is closely associated, an associated company pursuant to § 2 item 28 of the Austrian Banking Act (Bankwesengesetz).
This capital measure is intended to ensure the obser- vance of regulatory requirements up to the implementation of a planned wind-down unit, which will no longer require a banking licence and will therefore not be subject to any regulatory requirements in relation to minimum capital according to the Austrian Banking Act (BWG).