Austria Finanz Service Ag Limited
The FMA warns investors against the conclusion of banking transactions requiring a licence with this provider.
Pursuant to Article 4 para. 7 first sentence of the Bankwesengesetz (BWG; Banking Act), the Austrian Financial Market Authority (FMA) may disclose to the general public by publication on the Internet, in the official gazette “Amtsblatt zur Wiener Zeitung”, or in any other newspaper with nationwide circulation, that a particular natural or legal person (person) is not entitled to carry out certain banking transactions, provided that said person has given cause for such action and informing the general public is deemed necessary and reasonable with regard to possible disadvantages of the person concerned.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 21 May 2015, the FMA informs, that:
AUSTRIA FINANZ SERVICE AG limited
20-22 Wenlock Road
Tel. 0800 880 887
is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore not allowed to broker credit business on a commercial basis pursuant to Article 1 para. 1 no. 18 lit b in conjunction with Article 1 para. 1 no. 3 BWG.