Aggregated News From Investment Management Regulators

Austria

VT Group LTD

Attention! The FMA warns investors against concluding transactions with: VT Group LTD with its registered address apparently at 40B Geriou Ave 3051, Nicosia, Cyprus www.finotive.net [email protected] This provider is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others (Article 1 para. 1 no. 7 of the Austrian Banking Act (BWG; Bankwesengesetz)). The basis for this publication is Article 4 para. 7 of the Austrian Banking Act (BWG; Bankwesengesetz) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette...

FMA Annual Report 2020: Austrian financial market is stable despite the COVID-19 pandemic. Financial services supporting the real economy.

In 2020 the Austrian Financial Market Authority (FMA) and its 385 employees supervised approximately 940 licensed or registered undertakings that collectively manage assets of around € 1.3 trillion. “Austria’s financial sector has managed to address the enormous challenges that have arisen in 2020 as a result of the massive societal and economic fallout of the COVID-19 pandemic, and is on a stable footing. Following great turbulence as a result of the pandemic, the financial markets have also stabilised and have been able to make good the significant losses,” remarked the FMA’s Executive Directors, Helmut Ettl and Eduard Müller, at...

Goldfields Group

Attention! The FMA warns investors against concluding transactions with: Goldfields Group with its registered address apparently at Minato City, Tokyo 105-6390, Japan [email protected] www.goldfieldsgroup.com This provider is not authorised to carry out investment services in Austria that require a licence. The provider is therefore not permitted to provide investment advice in relation to financial instruments (Article 3 para. 2 no. 1 WAG 2018). The basis for this publication is Article 92 para. 11 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 07.05.2021. This news item was originally published by the Financial Market Authority...

Profitstrade Ltd.

Attention! The FMA warns investors against concluding transactions with: Profitstrade Ltd. with its registered address apparently at Old Street Roseau, DOMINICA. www.profitstrade.com [email protected] This provider is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others (Article 1 para. 1 no. 7 of the Austrian Banking Act (BWG; Bankwesengesetz)). The basis for this publication is Article 4 para. 7 of the Austrian Banking Act (BWG; Bankwesengesetz) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 05.05.2021. This news item...

Announcement: FMA imposes sanction against the Monte Rosa Privatstiftung for delayed notification about proprietary trading

The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 8,000.00 by means of a penal order against the Monte Rosa Privatstiftung for the late submission of a directors’ dealings notification by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). The penal order is final. This news item was originally published by the Financial Market Authority (FMA AT). For more information, please see the Source Link.

Announcement: FMA imposes sanction against WIENER STÄDTISCHE VERSICHERUNG AG Vienna Insurance Group, VIENNA INSURANCE GROUP AG WIENER Versicherung Gruppe as well as Wiener Städtische...

The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 226,667 respectively against WIENER STÄDTISCHE VERSICHERUNG AG Vienna Insurance Group, VIENNA INSURANCE GROUP AG WIENER Versicherung Gruppe and Wiener Städtische Wechselseitiger Versicherungsverein – Vermögensverwaltung – Vienna Insurance Group respectively as legal entities due to the belated notification of the 10 % participation threshold being underrun with regard to the shares of an issuer. The aforementioned undertakings omitted to notify the underrunning of the respective participation threshold in a timely manner to the FMA, the exchange operating company as well as the issuer (S...

Alfacapital24.com/eu

Attention! The FMA warns investors against concluding transactions with: Alfacapital24.com/eu with its registered address apparently at 11360 Stockholm, Sweden https://alfacapital24.com [email protected] This provider is not authorised to carry out investment services in Austria that require a licence. The provider is therefore not authorised to perform the commercial receiving and transmitting of orders, providing that such activities are in relation to one or more financial instruments; (Article 3 para. 2 no. 3 WAG 2018). We advise that there is a risk of confusion with a supervised provider in the EU. The basis for this publication is Article 92 para. 11 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018) and was also published...

Prime Holdings

Attention! The FMA warns investors against concluding transactions with: Prime Holdings Web: www.primeholdings.co E-Mail: [email protected] This provider is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others (Article 1 para. 1 no. 7 of the Austrian Banking Act (BWG; Bankwesengesetz)). The basis for this publication is Article 4 para. 7 of the Austrian Banking Act (BWG; Bankwesengesetz) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 04.05.2021. This news item was originally published by the Financial...

GM Warburg Commercial

Attention! The FMA warns investors against concluding transactions with: GM Warburg Commercial Web: www.gmwarburgcommercial.com [email protected] This provider is not authorised to carry out investment services in Austria that require a licence. The provider is therefore not permitted to provide commercial investment advice in relation to financial instruments (Article 3 para. 2 no. 1 WAG 2018). The basis for this publication is Article 92 para. 11 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 04.05.2021. This news item was originally published by the Financial Market Authority (FMA AT). For more information, please see...

Announcement: FMA imposes sanction against DO&CO Aktiengesellschaft for a breach of ad hoc reporting obligations

The Austrian Financial Market Authority (FMA) hereby announces that the Federal Administrative Court (BVwG; Bundesverwaltungsgericht) has confirmed the penal order issued by the FMA against DO & CO Aktiengesellschaft on 12.03.2020 in full, with a fine of EUR 318,000 for a delayed ad-hoc reporting notification in 2018 (Article 17 of the Market Abuse Regulation (MAR), Regulation (EU) 596/2014). The orderly final right of appeal was declared not to be permissible. The penal order is final. This news item was originally published by the Financial Market Authority (FMA AT). For more information, please see the Source Link.

Arbeitnehmer Unterstützungskasse Österreich AUKÖ

Pursuant to Article 22c para 1 no. 2 of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz), the Austrian Financial Market Authority (FMA) may in imposing a sanction imposed as a result of breaches of among other provisions Article 60 para. 1 no. 1 of the Alternative Investment Fund Managers Act (AIFMG; Alternative Investmentfonds Manager-Gesetz), disclose the name of the persons or entities upon whom a sanction has been imposed, as well as information about the sanction imposed. By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 29.04.2021, the FMA hereby informs, that Arbeitnehmer Unterstützungskasse Österreich AUKÖ Number in the centralised register of associations (ZVR; Zentralvereinsregister): 599724968 1040...

Ortega Invest Group

Attention! The FMA warns investors against concluding transactions with: Ortega Invest Group with its registered address apparently at Rue des Vollande, 1207 Geneva, Switzerland www.ortega-ig.com [email protected] This provider is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore not permitted to mediate lending business (Article 1 para. 1 no. 18 point a in conjunction with Article 1 para. 1 no. 3 BWG). The basis for this publication is Article 4 para. 7 of the Austrian Banking Act (BWG; Bankwesengesetz) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 29.04.2021. This news item was originally published by the Financial Market...

Regulator Information

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

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