Pursuant to Article 4 para. 7 first sentence of the Bankwesengesetz (BWG; Banking Act), the Austrian Financial Market Authority (FMA) 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, 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” of 17 October 2014, the FMA informs, that
Österreichische Unterstützungskasse
ZVR-Zahl 162639382
with the address for service 8020 Graz, Hans Resel Gasse 19
Office Graz:
Liebenauer Hauptstr. 2-6
Stiege D/1. Stock, 8041 Graz
Tel.: 0316/4682242
Fax.: 0316/4682110
Office Vienna:
Prinz Eugen Str. 68/Parterre
1040 Wien
Tel.: 01/9544679
Fax: 0316/4682110
office(at)unterstuetzungskasse.at
www.unterstuetzungskasse.at
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) is not allowed pursuant to Article 1 Para. 1 Z 1 BWG.
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ANNOUNCEMENT in the official gazette “Amtsblatt zur Wiener Zeitung” of 26 November 2014
With regard to Österreichische Unterstützungskasse an announcement pursuant to Article 4 para. 7 of the Austrian Banking Act (BWG) was published on 17 October 2014 in the official gazette “Amtsblatt zur Wiener Zeitung” and on the website of the FMA.
Pursuant to the fourth sentence of Article 4 para. 7 BWG, the company whom the publication concerns may apply to the FMA for a review of the lawfulness of the publication. In this case, the FMA must publicly announce initiation of such a procedure in the same manner.
Österreichische Unterstützungskasse has submitted a corresponding application for review of the lawfulness of the publication of 17 October 2014.
The FMA will, therefore, review the lawfulness of the publication of 17 October 2014 in a procedure to be decided upon by administrative decision.