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The FMA warns against offerings by AI App

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The FMA warns against offerings by

AI App

Web: https://aiapp-at-pro.com
https://profit-at-solution.com
https://vorenthis-channel.com

This provider is not authorised to conduct securities transactions in Austria that require a licence, and is not allowed to execute orders on behalf of clients under Article 3 para. 2 no. 6 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018).

We advise that there is a risk of confusion with supervised foreign providers.

The basis for this publication is Article 4 para. 7 of the Austrian Banking Act (BWG; Bankwesengesetz) and 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 may be found in the FMA Company Database.

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