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. By publication in the official gazette “Amtsblatt zur Wiener Zeitung” on 09.12.2020, the FMA hereby informs that
Slinqo Group LTD (“Finexics”)
with its registered address apparently at
23 Sofouli, 2064 Nikosia, Cyprus
is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on its own account or on behalf of others (Article 1 para. 1 no. 7 BWG).
This news item was originally published by the Financial Market Authority (FMA AT). For more information, please see the Source Link.