On 25 April 2019, the Austrian Federal Ministry of Finance introduced a draft bill on the establishment of a regulatory sandbox for fintech companies. The bill now enters an appraisal period until 15 May 2019, and is set to go into force on 31 July 2019.

An unofficial English version of the bill is available here, courtesy of Bryan Hollmann, counsel at Stadler Völkel Attorneys at Law. He can be reached for questions and comments at bryan.hollmann@svlaw.at.

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