Pursuant to Article 4 para. 7 of the Bankwesengesetz (BWG; Banking Act) resp. Article 92 para. 11 of the Wertpapieraufsichtsgesetz 2007 (WAG 2007; securities supervision act), the Financial Market Authority (FMA) is entitled in individual cases to disclose to the general public by publication in the official gazette “Amtsblatt zur Wiener Zeitung”, or in any other official bulletin with nationwide circulation, the name of a company not entitled to carry out certain banking transactions (Article 1 para. 1 no. 18 BWG) as well as certain financial services (Article 3 para. 2 no. 3 WAG 2007).
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 14 July 2009, the FMA is exercising this right and warns against the conclusion of banking transactions resp. financial services requiring a licence with the following provider:
United Trust Sociedad Limitada
Apartado 266
E-03580 Alfaz del Pí
España / Spain
resp.
United Trust Training & Coaching, Sociedad Limitada
Calle Bululla, No. 3
03530 Nucia (LA) – Alicante
España / Spain
This provider does not possess a licence issued by the FMA to carry out certain banking transactions in Austria. The brokering of transactions is therefore not allowed as well as reception and transmission of orders in relation to one or more financial instruments.