The Austrian Financial Market Authority (FMA), inter alia pursuant to Article 4 para. 7 of the Bankwesengesetz (BWG; Banking Act), may disclose to the general public by publication on the Internet, in the official gazette “Amtsblatt zur Wiener Zeitung”, or in any other newspaper with nationwide circulation, that a particular natural or legal person (person) is not entitled to carry out certain banking transactions (Article 1 para. 1 BWG), provided that said person has given cause for such action and informing the general public is deemed necessary and reasonable with regard to possible disadvantages of the person concerned.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” on 13.04.2019, the FMA hereby informs that
Fremont Capital
8-9 Marino Mart Fairview
Clontarf Dublin 3 D03 EK81
Ireland
Web: www.capfremont.com
Tel: +353 76 680 31 42, +353 1 699 43 15, +353 76 670 57 18
Fax: +353 76 680 31 42
E-Mail: [email protected]
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 (deposit business) pursuant to Article 1 para. 1 no. 1 second case BWG is not allowed.