Warranty and comensation law

Protection of inverstors

Investors are particularly protected against losses of their assessed funds by EU law as well as national provisions. A fund which is fed by securities firms and is under the management of Anlegerentschädigung von Wertpapierfirmen GmbH (AeW) is available to compensate damages. In those cases where a duly performed supervision by the competent authorities of the state would have prevented damages, the Republic of Austria is liable for neglected or insufficient diligent acting of its institutions. The interests of investors are claimed in single trials or in class actions against AeW, other liable institutions and/or the Republic of Austria.