Securities Supervision Act (WAG)

MiFID II - Markets in Financial Instruments Directive

The new Austrian Securities Supervision Act (Wertpapieraufsichtsgesetz - WAG) 2018 bears significant changes for banks in their overall securities business operation.

The EU-Directive on Markets in Financial Instruments - short: MiFID - aims at harmonising the regulations for trading securities within the European Union. How does this affect you and us as your private banking partner?

You can find a summary of the most significant changes in the PDF-brochure "MiFID - Markets in Financial Instruments Directive". The "Guideline for the implementation policy for securities orders - Best Execution Policy" informs you about the principles in executing customers orders.

MiFID II - Markets in Financial Instruments Directive

Execution policy of Schoellerbank AG

List of execution venues

Information on bank resolution under the Austrian Act on Bank Recovery and Resolution

Guidelines for the handling of conflicts of interest and benefits

TOP 5 TRADING PLACE REPORTING AND EXECUTION QUALITY 2022

Released April 26, 2023

Investment firms executing client orders must once a year, by the end of April at the latest, summarize and publish for each class of financial instruments the five most important trading venues, based on trading volume, on which they executed client orders in the previous year and information on the execution quality achieved.