CHECKLIST
For reporting according to Regulation (EU) 1233/2011
I.
Reporting country information
Reporting Country
Austria
Submission Date
31.08.2012
Reporting Institution (Government
Federal Ministry of Finance / OeKB
Department, ECA)
II.
Reporting country legal and policy information
Mandate/Legal status of ECA
OeKB acts on behalf and for the account of the
Republic of Austria (the Austrian government as
represented by the Federal Ministry of Finance)
within the Export Guarantees Act 1981.
The guarantee system in place is based on the
provisions of the Export Guarantees Act and the
respective regulation issued by the Federal
Minister of Finance. The contractual relations
between the Republic of Austria and the
guarantee holders are set out in the general terms
and conditions (“General Business Conditions”)
for guarantees of the Republic of Austria under
the Export Guarantees Act, and in the respective
guarantees themselves.
Guarantees are issued in compliance with the
guidelines, directives and regulations of
international agreements of the OECD, the EU
and the Berne Union.
Officially supported export credit
Supplier credit guarantees
programs (in the sense of Article 5 of the
OECD Arrangement) during reporting Buyer credit guarantees
period
Tied aid
Annual reports available on reporting year
Annual Reports
http://www.oekb.at/en/osn/DownloadCenter/rep
orts/OeKB-Export-Services-Annual-Review-
2011.
III.
Information on the reporting Member State’s Export Credit policies:
General presentation of the reporting MS’ The assurance of a self sustaining Austrian
policies on export credits, including all export credit scheme on a mid and long term
information that can help the Commission perspective constitutes a main principle of the
in carrying out its evaluation regarding the Austrian export credit policy. Furthermore, the
compliance of the Export Credit Agencies transparency policy is realised, among other
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with EU objectives and obligations1 (in the means, by dialogues with critical stakeholders,
sense of Article 3, Annex 1 of EU such as non-governmental organizations.
Regulation1233/2011)
Special information on the following Yes, Austria applies the OECD Common
policies:
Approaches. Any environmental risks identified
in the course of this assessment and evaluation
1) Environment:
procedure may have repercussions not only on a
a) Do you apply the OECD
project's eligibility for support but also on the
Recommendation on Common Approaches justifiability of the risk involved in it. This risk is
to the Environment and Officially determined in the course of the transaction’s risk
Supported Export Credits?
assessment, and thus has a major influence on the
(its successor instrument the OECD decision whether export credit cover is granted or
Recommendation on Common Approaches not.
on Officially Supported Export Credits and
Environmental and Social Due Diligence?)
b) any other relevant information
2) Human rights:
a) Do you apply the Human Rights related Yes, Austria applies the Human Rights related
aspects of the
aspects of the 2007 Common Approaches which
Recommendation on Common
are determined by the reference standards the
Approaches, on Officially Supported Common Approaches refer to.
Export Credits and Environmental and
Social Due Diligence?
Austria appreciates the direct reference which is
b) Any other relevant information?
made to the application of Human Rights aspects
in the environmental and social due diligence in
the 2012 - revision of the Common Approaches
and will implement it by end of December 2012
Human Rights aspect will be assessed before
granting cover, even if they are not addressed by
the Common Approaches.
3) Anti-Bribery measures:
a) Do you apply the OECD
Yes. Austria applies the OECD Recommendation
Recommendation on Bribery and
on Bribery and Officially Supported Export
Officially Supported Export Credits?
Credits and has integrated the respective
provisions into the application and decision
b) Any other relevant information?
procedure.
4) Sustainable Lending Practices:
a) Do you apply the OECD Principles and Yes. Austria only provides cover for officially
Guidelines to Promote Sustainable
supported export credits to public buyers in Low
Lending Practices in the Provision of Income Countries if they are in line with
Official Export Credits to Low Income sustainable development objectives of these
Countries?
countries.
1 EP side suggested to use such a phrase (to ensure that it is not forgotten that the Regulation's official reference
is to "EU objectives and obligations)
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b) Any other relevant information?
5) Other policies
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IV.
Annual Activity Report data:
Explanatory note:
“MS shall report, in accordance with their national legislative framework, on assets and
liabilities, claims paid and recoveries, new commitments, exposures and premium charges."
From Regulation 1233/2011, Annex 1.
Member States that have more than one ECA should do one single integrated report (reporting
obligation is on the Member State as such, not the ECA). Where a MS offers at the same time
different types of products (pure cover and direct lending), the reporting under chapter IV
should however differentiate.
A) In case of official support is provided in the form of export credit guarantee or
insurance (“pure cover”) in the sense of Art 5 a 1) OECD Arrangement:2 in Mio.
Overview of assets
n/a
Overview of liabilities
n/a
Aggregate nominal risk exposure
01-01-2011
EUR 6,551
31-12-2011
EUR 6,892
a.) nominal risk exposure under insurance
policies issued
01-01-2011
EUR 5,660
31-12-2011
EUR 5,619
b.) nominal risk exposure under promises
and notices of cover
01-01-2011
EUR 890
31-12-2011
EUR 1,273
Premium Income
EUR 53
Recoveries
EUR 2
Claims paid
EUR 54
B) In case official support is provided in the form of Official Financing Support in
the sense of Article 5a2) OECD Arrangement:
Overview of assets
n/a
Overview of liabilities:
n/a
a) nominal value of officially supported 0
loan portfolio
01-01-2011
31-12-2011
01-01-2011
31-12-2011
b) total value of off balance commitments
n/a
01-01-2011
31-12-2011
Interest received
0
Annual profit/loss
0
V. Contingent
liabilities
Where contingent liabilities might arise n/a
from officially supported export credit
activities, those activities shall be
reported:
2 Member States not using EUR should report the figures in their national currency and in EUR
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VI.
Evaluation and incorporation of environmental risks
Environmental risks:
The screening procedure to determine
environmental impacts (the Common
Approaches) applies to all applications with an
order value equal to or above SDR 10 million.
a) Number/exposure of transactions 21 Category A projects
Category A
b) Number/exposure of transactions
18 Category B projects
Category B
How are environmental risks, which can A prerequisite for the granting of cover is that
carry other relevant risks, taken into the export transaction is eligible for support and
account in the officially supported export involves a risk that is acceptable. In this context
credit activities?
the environmental impact especially of major,
sensitive projects plays an important role. We
always assesses the creditworthiness of the
foreign buyer and if necessary the guarantor, the
market situation and the country risk.
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