{"id":13676,"date":"2017-03-23T07:00:45","date_gmt":"2017-03-23T06:00:45","guid":{"rendered":"https:\/\/www.fma.gv.at\/fosun-management-uk-ltd\/"},"modified":"2017-03-23T08:47:14","modified_gmt":"2017-03-23T07:47:14","slug":"fosun-management-uk-ltd","status":"publish","type":"post","link":"https:\/\/www.fma.gv.at\/en\/fosun-management-uk-ltd\/","title":{"rendered":"Fosun Management (UK) Ltd."},"content":{"rendered":"

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 “Amtsblatt zur Wiener Zeitung”, 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>

By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 23 March 2017, the FMA hereby informs, that<\/p>

Fosun Management (UK) Ltd.<\/strong>
\n6 St. Martin’s Le Grand
\nLondon<\/p>

www.fosuninvestment-depot.com
\noffice@fosuninvestment-depot.com<\/p>

Tel: 00442038070823
\nFax: 00442038687278<\/p>

is not entitled to carry out banking transactions in Austria that require a licence. The provider is not allowed to manage and hold securities on a commercial basis for other parties (custody business) (Article 1 para. 1 no. 5 BWG).<\/p>\n","protected":false},"excerpt":{"rendered":"

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-13676","post","type-post","status-publish","format-standard","hentry","category-warning"],"yoast_head":"\nFosun Management (UK) Ltd. - 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\/fosun-management-uk-ltd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fosun Management (UK) Ltd. - 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\/fosun-management-uk-ltd\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-23T06:00:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-03-23T07:47:14+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\\\/fosun-management-uk-ltd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fosun-management-uk-ltd\\\/\"},\"author\":{\"name\":\"Lucija Stjepanovic\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/5c70db37d15a036781dd7cec261fad37\"},\"headline\":\"Fosun Management (UK) Ltd.\",\"datePublished\":\"2017-03-23T06:00:45+00:00\",\"dateModified\":\"2017-03-23T07:47:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fosun-management-uk-ltd\\\/\"},\"wordCount\":167,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"articleSection\":[\"Warning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fosun-management-uk-ltd\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fosun-management-uk-ltd\\\/\",\"name\":\"Fosun Management (UK) Ltd. - 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