Credit Service Provider and Credit Purchaser Act (KKG)

Topic area:
Status: 07.02.2025 |
Current
Key words:
Main version, Amendment, Non-performing loans / NPL, Regulatory reporting
Initiative
Official name
Bundesgesetz, mit dem ein Bundesgesetz über Kreditdienstleister und Kreditkäufer (Kreditdienstleister- und Kreditkäufergesetz – KKG) erlassen wird und das Bankwesengesetz, das Finanzmarktaufsichtsbehördengesetz, das Hypothekar- und Immobilienkreditgesetz und das Verbraucherkreditgesetz geändert werden
Type
Act/Law
Level 1
Initiator
Austrian government
Submitted
03.02.2025
Doc. code
BEGUT_69B6B86A_FCD2_481F_8C8F_E528AFE8C3A4
Summary
Status
Status

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Current version
Ministerial draft
03.02.2025
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
NPL Secondary markets Directive (Credit servicers and credit purchasers) (binding, Amendment, EU)
Austrian Banking Act (BWG) (binding, Main version, Amendment, AT)
Legal act on mortgage- and property loans (binding, Main version, Amendment, AT)
Level 2
–
Level 3 / Other
–

Source: Austrian government, BEGUT_69B6B86A_FCD2_481F_8C8F_E528AFE8C3A4, 2025