The Austrian Financial Market Authority (FMA) may, pursuant to the first sentence of Article 4 para. 7 of the Austrian Banking Act (BWG) and/or the first sentence of Article 92 para. 11 of the 2007 Securities Supervision Act (WAG 2007), 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 or investment services, provided this person has given cause for such action and informing the general public is deemed necessary and reasonable in the light of possible disadvantages for those concerned.
By publication in “Amtsblatt zur Wiener Zeitung” of 8 April 2016, the FMA therefore announces that
Hermes Management Ltd
with alleged business location in
Wienerbergstraße 9, Suite 328, 1100 Vienna; Third Floor, 35 Barrack Road Bezile City, Belize, Central America; email@example.com +43 720884215 (Austria) +5016009734 (Belize)
6-8/1/31 Herrengasse, 1010 Vienna
is not authorised to provide banking transactions and investment services srequiring a licence in Austria. The provider is therefore neither permitted to accept funds from other parties for management purposes or as deposits (Article 1 para. 1 no. 1 BWG), nor to trade in securities (Article 1 para. 1 no. 7 point e BWG) nor to provide investment advice in relation to financial instruments (Article 3 para. 2 no. 1 WAG 2007).