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The FMA warns against offerings by Gatefund Bank

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The FMA warns against offerings by

Gatefund Bank

Web: https://gatefundbank.com
E-Mail: [email protected]

with its registered offices apparently in: Vienna (Austria).

This provider is not authorised to conduct banking services in Austria that require a licence and is not authorised to accept funds from other parties for the purpose of administration or as deposits (deposit-taking business) in accordance with Article 1 para. 1 no. 1 of the Austrian Banking Act (BWG; Bankwesengesetz) or to provide non-cash payment transactions and clearing services on an ongoing basis for other parties (current account business) in accordance with Article 1 para. 1 no. 2 BWG.

The basis for this publication is Article 4 para. 7 BWG.

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 may be found in the FMA Company Database.