to the point Finance - Q1 2021

Editorial | CEE

Filed under:
European Union, Insolvency & Restructuring, Schoenherr, Coronavirus, European Commission
Authors:
Petar Kojdic , Martin Ebner , Christoph Moser , Matei Victor Florea , Ozren Kobsa , Petar Vučinić. , Gergely Szalóki , Vid Kobe , Jelena Arsic
Location:
European Union
Firm:
Schoenherr
Significantly wider scope of application of the Austrian Act on Financial Collateral

The Austrian Act on Financial Collateral (Finanzsicherheiten-Gesetz; FinSG), which regulates the granting and enforcement of financial collateral arrangements between participants in the financial markets, has recently been amended with effect from 30 June 2011. Changes include the extension of the scope of application of the law.

Filed under:
Austria, Banking, Insolvency & Restructuring, Schoenherr, Collateral (finance), Clearing house (finance), Sole proprietorship
Authors:
Hemma Parsché , Christoph Moser
Location:
Austria
Firm:
Schoenherr