Attention! The FMA warns against offerings by
Zen Group
Web: www.zen-online.com; E-Mail: [email protected]
with its registered office apparently in Munich.
This provider is not authorised to provide securities transactions in Austria that require a licence, and therefore shall not be allowed to offer the receiving and transmitting of orders in accordance with Article 3 para. 2 no. 3 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018), where this activity is in relation to one or more financial instruments.
We advise that there is a risk of confusion with another supervised provider. The basis for this publication is Article 92 para. 11 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018).
Anyone providing banking services, and financial and securities services in Austria, requires the necessary authorisation or licence to do so from the Austrian Financial Market Authority (FMA). Some undertakings offer such services without holding the necessary authorisation. Information about whether a specific undertaking has been authorised/licensed by the FMA, can be found in the FMA Company Database.