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The FMA warns against conducting business with World Finanz

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ANNOUNCEMENT

The FMA warns against concluding transactions with:

“World Finanz”

with its registered address apparently in 1010 Vienna

Web: https://worldfinanz-gruppe.com/
E-Mail: [email protected]
Telephone: +43 678 1111111

This provider is not authorised to conduct banking services in Austria that require a licence. The provider is therefore not permitted to conduct lending business (Article 1 para. 1 no. 3 Austrian Banking Act (BWG; Bankwesengesetz)).

The basis for this publication is Article 4 para. 7 Austrian Banking Act (BWG; Bankwesengesetz).

Anyone providing banking services, and financial and securities services in Austria, requires the necessary authorisation or licence to do so from the Austrian Financial Market Authority (FMA). Some undertakings offer such services without holding the necessary authorisation. Information about whether a specific undertaking has been authorised/licensed by the FMA, can be found in the FMA Company Database.