The Austrian Financial Market Authority (FMA), inter alia pursuant to Article 4 para. 7 of the Bankwesengesetz (BWG; Banking Act), may inform the general public that a particular natural or legal person (person) is not authorised to carry out certain banking transactions (Article 1 para. 1 BWG), where the said person has given cause for such an action and informing the general public is deemed necessary and reasonable with regard to possible disadvantages of the affected party.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” on 11.02.2020, the FMA hereby informs that
CRT Capital Ltd.
with its registered address apparently at
4 Hill Street
W1J NE5 London
Tel: +44 078 8185 2202
is not entitled to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties for the purpose as deposits pursuant to Article 1 para. 1 no. 1 second case BWG is not allowed.