Name of the Act/s

Bundesgesetz, mit dem das Unternehmensgesetzbuch, das Alternative Investmentfonds Manager-Gesetz, das Bankwesengesetz, das Einlagensicherungs- und Anlegerentschädigungsgesetz, das Börsegesetz 2018, das Immobilien-Investmentfondsgesetz, das Investmentfondsgesetz 2011, das Versicherungsaufsichtsgesetz 2016, das Wirtschaftstreuhandberufsgesetz 2017, das Bilanzbuchhaltungsgesetz 2014 und das Abfallwirtschaftsgesetz 2002 geändert werden (Anti-Gold-Plating-Gesetz 2019)

BGBl I Nr. 46/2019

Date

28^th of May 2019

Type of Act

Federal Law

Enacted by

National Council

Reference to the Constitution (FCL) (art.)

Art. 10 para. 1 Z 6 FCL; Art. 10 para 1 Z 5 FCL; Art. 10 para 1 Z 8 FCL; Art. 10 para 1 Z 11 FCL; Art. 10 para 1 Z 12 FCL

Subject area

Deregulation

If the act implements a source of EU Law: cite the relevant EU legal source

Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC; Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC; Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II); Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC; Council Directive 1999/31/EC of 26 April 1999 on the landfill of waste

Comment

Eliminates rules which have over fulfilled European Union directives (so called gold plating) in the banking, financial, accounting, insurance and environmental sector

Secondary sources/ doctrinal works (if any)

Available Text

https://www.ris.bka.gv.at/eli/bgbl/I/2019/46/20190528

Date of entry into force

29^th of May 2019