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Capital Markets Law Firm & Legal Services in Austria

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Legal questions regarding capital markets are of concern to investors and issuers alike. At the same time, the ever-increasing number of new EU directives and their implementation under domestic law means that the raising of capital is an increasingly complex issue. This makes our deep and comprehensive expertise in this specialist field particularly relevant, expertise which we have accumulated over many years, both in debt/equity and derivatives transactions.

With offices in 34 countries, CMS handles highly complex global capital market transactions on a daily basis. Our clients include Austrian and international banks, investment banks, issuers and listed companies, as well as financial intermediaries such as investment firms, investment funds and financial institutions.

With our expertise and advisory services covering the full spectrum in this field, we can help your company safely navigate its way through capital markets transactions. In addition, we set up a team of specialists for each project that combines local market and industry knowledge with an international perspective as well as expertise in associated legal fields such as tax or corporate law.


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02/04/2024
ESMA feedback statement on shortening the EU settlement cycle reveals widespread...
The European Securities and Markets Authority (ESMA) has released a feedback statement summarising comments received from market participants during its consultation on shortening the EU settlement cycle.Under...
28/03/2024
Third country branches regime under the CRD 6
Discussions regarding the proposal for a Directive of the European Parliament and of the Council amending Directive 2013/36/EU (Capital requirements directive, “CRD”) as regards supervisory powers...
25/03/2024
Publication in the Official Journal of the European Union of the Regulation...
On 19 March 2024, Regulation (EU) 2024/886 of the European Parliament and of the Council of 13 March 2024 amending Regulations (EU) (i) No 260/2012 establishing technical and business requirements for...
14/03/2024
MiCAR Levels 2 and 3 measures – where do we stand?
Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (“MICAR”) will enter into application at the following dates:as of 30 June 2024...
11/03/2024
Adoption of MiFID 3 and MiFIR 2 to enhance transparency on markets in financial...
On 8 March 2024, Regulation 2024/791 amending Regulation (EU) No 600/2014 (MiFIR) and Directive 2024/790 amending Directive 2014/65/EU (MiFID 2) on markets in financial instruments were published in the...
06/03/2024
Knowledge on information and communication technology and security are...
On 21 February 2024, the European Central Bank released a supervision newsletter on new policy / its expectation for more bank board expertise on information and communication technology (“ICT”) and...
23/02/2024
New Austria’s Supreme Court decision on upfront fees
On 23 January 2024, the Austrian Supreme Court (OGH) issued a new decision (2 Ob 238/23y) on upfront fees (Kred­it­bearbei­tungs­ge­bühren) for consumer loans. The plaintiff sought an order prohibiting the...
13/02/2024
EU legislative initiatives on recovery and resolution planning for insurance...
With the compromise proposal for an Insurance Recovery and Resolution Directive (IRRD) published by the EU Council in January 2024, EU legislative initiatives to establish a recovery and resolution framework...
19/01/2024
EU Proposals for a Regulation and a Directive on Anti-Money Laundering...
On 18 January 2024, the Council of the European Union and the European Parliament reached a provisional agreement on a part of the new anti-money laundering and counter terrorism financing (“AML/CTF”)...
29/12/2023
Tackling the misuse of crypto-assets for ML-TF purposes
As a constantly evolving sector, the crypto-assets ecosystem presents continuous challenges, particularly in terms of money laundering and terrorist financing (ML-TF) risks.To tackle the misuse of crypto-assets...
13/12/2023
Finalisation of CRD6/CRR3 and the Article 21c third country branch requirement
On 6 December 2023, the finalised texts of the EU banking package known as CRD61and CRR32 were published following the conclusion of negotiations between the EU co-legislators. In this article, we set...
06/12/2023
EU publishes Directive on distance financial services contracts in Official...
In November 2023, the EU legislator adopted the new Directive regarding financial services contracts concluded at distance.This Directive essentially aims to modernise the existing legal framework governing...