The FMA warns against offerings by
Patronus Consulting
Web: www.patronus-consulting.net
E-Mail: [email protected]
with its registered office apparently in Great Britain and Switzerland.
This provider is not authorised to conduct securities transactions in Austria that require a licence and therefore is not allowed to offer investment advice and the receiving and transmitting of orders, providing that such activities are in relation to one or more financial instruments (Article 3 para. 2 nos. 1 and 3 of the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018).
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.