{"id":11633,"date":"2016-08-26T07:00:24","date_gmt":"2016-08-26T05:00:24","guid":{"rendered":"https:\/\/www.fma.gv.at\/en\/?p=11633"},"modified":"2016-08-25T16:09:20","modified_gmt":"2016-08-25T14:09:20","slug":"indogulf-financial-services-bsc","status":"publish","type":"post","link":"https:\/\/www.fma.gv.at\/en\/indogulf-financial-services-bsc\/","title":{"rendered":"Indogulf Financial Services BSC"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><p>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 &ldquo;Amtsblatt zur Wiener Zeitung&rdquo;, 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.<\/p><p>By publication in the official gazette &ldquo;Amtsblatt zur Wiener Zeitung&rdquo; of 26 August 2016, the FMA hereby informs, that<\/p><p><strong>Indogulf Financial Services BSC<\/strong><\/p><p>With its registered address apparently in<br>\nAl Hedaya Bldg 2<br>\nManama<br>\nBahrain<\/p><p>Email: info@indogulffinc.com<br>\nTel: +973 16199673<br>\nFax: +973 16199674<\/p><p>is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore not permitted to conclude money-lending agreements on a commercial basis and to extend monetary loans on a commercial basis (lending business pursuant to Article&nbsp;1 para.&nbsp;1 no.&nbsp;3 BWG).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FMA warns investors against the conclusion of banking transactions requiring a licence with this provider.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[81],"tags":[],"class_list":["post-11633","post","type-post","status-publish","format-standard","hentry","category-warning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Indogulf Financial Services BSC - FMA \u00d6sterreich<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fma.gv.at\/en\/indogulf-financial-services-bsc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indogulf Financial Services BSC - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"The FMA warns investors against the conclusion of banking transactions requiring a licence with this provider.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fma.gv.at\/en\/indogulf-financial-services-bsc\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-26T05:00:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_FB_Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"925\" \/>\n\t<meta property=\"og:image:height\" content=\"524\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucija Stjepanovic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FMA_AT\" \/>\n<meta name=\"twitter:site\" content=\"@FMA_AT\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucija Stjepanovic\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/indogulf-financial-services-bsc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/indogulf-financial-services-bsc\\\/\"},\"author\":{\"name\":\"Lucija Stjepanovic\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/5c70db37d15a036781dd7cec261fad37\"},\"headline\":\"Indogulf Financial Services BSC\",\"datePublished\":\"2016-08-26T05:00:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/indogulf-financial-services-bsc\\\/\"},\"wordCount\":178,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"articleSection\":[\"Warning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/indogulf-financial-services-bsc\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/indogulf-financial-services-bsc\\\/\",\"name\":\"Indogulf Financial Services BSC - 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