Aggregated News From Investment Management Regulators

AGMarkets / Absolute Global Markets / Lotens Partners LTD

Report/Flag

Please complete the required fields.



The Austrian Financial Market Authority (FMA) may inform the general public by means of an announcement on the Internet or in a newspaper with national circulation that a named natural or legal person is not authorised to perform certain banking transactions (Article 1 para. 1 BWG), provided that this person has caused this to be necessitated and informing the public is necessary and proportionate in terms of the potential disadvantages of the affected persons.

By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 28.04.2020, the FMA hereby informs that

AGMarkets / Absolute Global Markets / Lotens Partners LTD

[email protected]

[email protected]

Web: https://agmarkets.io

is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis (Article 1 para. 1 no. 7 BWG).

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.

Regulator Information

Regulator Name: Financial Market Authority
Abbreviation: FMA
Jurisdiction: Austria

Recent Articles

Proposed Rule Change to Amend FINRA Rule 2231 (Customer Account Statements)

Financial Industry Regulatory Authority, Inc.

Revision of Recommendation 25 – White Paper for Public Consultation

The Financial Action Task Force (FATF) is conducting a review of Recommendation 25 (R.25) on the transparency and beneficial ownership (BO) of legal arrangements....

ASIC warns super trustees to be transparent in their underperformance communications to members

ASIC today released the findings from its review of superannuation trustees’ communications with their members following the first annual performance test for MySuper products. The...

EBA replies to European  Commission’s call for advice on the Mortgage Credit Directive review

The European Banking Authority (EBA) published today an Opinion and Report in response to the European Commission’s Call for Advice (CfA) on the review of the Mortgage Credit Directive (MCD) .

Get the latest from Regulatory.News in your inbox!

×