Regulatory norms pass

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The regulatory norm ID is a control created in Austria within the framework of banking supervision .

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Information on compliance with regulatory standards is provided to the Oesterreichische Nationalbank on the basis of individual credit institutions (ONA unconsolidated) or on the basis of a consolidated group of institutions (ONA consolidated) in accordance with Section 30 of the Banking Act (BWG) . It is an ordinance of the Federal Minister of Finance for the implementation of the Banking Act .

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