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Financial Market Authority FMA publishes a warning against an unscrupulous financial service provider

Release Date: |

In an announcement published in today’s issue of the official gazette “Amtsblatt zur Wiener Zeitung”, the Austrian Financial Market Authority (FMA) warns investors against financial service transactions with the following two providers:

Edzell Ventures,
with an alleged head office at
Sokolovská 95,
18600 Praha 8,
Czech Republic

“Edzell Ventures” offers financial services in Austria which require a licence pursuant to section 1 para 1 no. 19 of the Bankwesengesetz (BWG; Austrian Banking Act) (advising clients on investing funds, managing client portfolios in accordance with mandates given by investors, brokering business opportunities for the acquisition or sale of certain financial instruments) without having the required licence.

For further information please contact
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0676)/882 49 516

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