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FMA supports European measures towards solving the issue of non-performing loans – Austria’s NPL Ratio has already fallen to 4.3%

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Austria’s NPL Ratio has already fallen to 4.3%

Announcement: FMA imposes sanction against the responsible agent of an investment fund management company for a breach against the Investment Fund Act (InvFG)

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FMA imposes a sanction for a breach against the Investment Fund Act (InvFG)

Granting of a licence

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DIMOCO Payment Services GmbH

Portfolio Transfer from KX Reinsurance Company Limited and OX Reinsurance Company Limited to Catalina London Limited

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From KX Reinsurance Company Limited and OX Reinsurance Company Limited to Catalina London Limited

Portfolio Transfer from AXA Wealth Limited to Phoenix Life Limited

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from AXA Wealth Limited to Phoenix Life Limited

Portfolio Transfer from Moorgate Insurance Company (previously Pohjola Insurance Company) and from QBE Insurance Limited to Bothnia International Insurance Company

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from Moorgate Insurance Company (previously Pohjola Insurance Company) and QBE Insurance Limited to Bothnia International Insurance Company

Licence changes

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Granting of licences to provide activities within an insurance class

Portfolio Transfer from Reliance Mutual Insurance Society Limited to LCCG New LifeCo Limited

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from Reliance Mutual Insurance Society Limited to LCCG New LifeCo Limited

www.international-trading.com

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The FMA warns investors against concluding investment transactions requiring a licence with this provider.

Portfolio Transfer from Atlantic Mutual Insurance Company to Bothnia International Insurance Company

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from Atlantic Mutual Insurance Company to Bothnia International Insurance Company

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