Ongoing supervision
Authorized management companies and approved investment undertakings (IU) are subject to on-going supervision by the FMA. The FMA enforces the law (IUA 2015) and the ordinance (IUO 2015). Supervision of market participants and their products includes prudential as well as conduct of business provisions. The FMA applies a risk based supervisory approach with individual supervisory examination programs for each supervised entitiy.
The FMA applies a risk based supervisory approach with individual supervisory examination programs for each supervised entitiy.