Im Sommer 2013 beschloss der Nationalrat das Bankeninterventions- und Restrukturierungsgesetz (BIRG) . Das Gesetz trat am 1. Jänner 2014 in Kraft. Ausgewählte Inhalte des neuen Regimes werden im Anschluss näher dargestellt.

On January 1^st, 2014 the Austrian Bank Recovery and Resolution Act (BRRA) entered into force, despite controversial discussions during the official assessment procedure. The Austrian Legislator’s approach is questionable; the European Bank Recovery and Resolution Directive (BRRD) was not enacted until June 12^th, 2014. Furthermore the national BRRA does not contain any resolution measures; Austrian banking institutions are only obliged to develop resolution plans etc. The BRRA soon will be revised, at the latest when the BRRD enters into force.