The Austrian investor-compensation scheme was fundamentally reorganized by the 1st of January 2019. Prior existing investor-compensation schemes have been merged into one institution, the Einlagensicherung Austria GmbH; Only the Banks of Erste Group and Sparkassen keep their own institution for investor-compensation: the Sparkassen Haftungs GmbH. Any credit institution seated in Austria that receives customer deposits or provides investment services subject to compulsory insurance must be a member of the Einlagensicherung Austria GmbH.
The New Year brings new investor-compensation schemes
