{"id":14102716,"date":"2025-08-27T11:23:37","date_gmt":"2025-08-27T09:23:37","guid":{"rendered":"https:\/\/www.fma.gv.at\/?p=14102716"},"modified":"2025-08-27T16:48:20","modified_gmt":"2025-08-27T14:48:20","slug":"licence-withdrawn-fundstr-uab","status":"publish","type":"post","link":"https:\/\/www.fma.gv.at\/en\/licence-withdrawn-fundstr-uab\/","title":{"rendered":"Licence Withdrawn &#8211; FUNDSTR UAB"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><p class=\"wp-block-paragraph\">The FMA warns about the electronic money institution FUNDSTR UAB. The institution&rsquo;s licence to provide financial services has been revoked by  <span lang=\"lt\">Lietuvos bankas<\/span>, the Lithuanian supervisory authority. Its licence has been revoked due to severe and systematic breaches of legal requirements under Lithuanian law for the prevention of money laundering and terrorist financing, as well as breaches of other legal provisions in relation to the monitoring of business relationships and transactions.<\/p><p class=\"wp-block-paragraph\">Consequently, the electronic money institution FUNDSTR UAB is no longer authorised to provide financial services, and must therefore repay customers&rsquo; funds Further information can be found on the website of the Lithuanian supervisory authority, <span lang=\"lt\">Lietuvos bankas<\/span>: <a href=\"https:\/\/www.lb.lt\/lt\/naujienos\/lietuvos-banko-valdybos-nutarimai-238\" class=\"external\" target=\"_blank\" rel=\"noopener\">Lietuvos banko valdybos nutarimai | Lietuvos bankas<\/a> (information only available in Lithuanian).<\/p><p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FMA warns about the electronic money institution FUNDSTR UAB. The institution\u2019s licence to provide financial services has been revoked by Lietuvos bankas, the Lithuanian supervisory authority.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[83],"tags":[],"class_list":["post-14102716","post","type-post","status-publish","format-standard","hentry","category-licence-change"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Licence Withdrawn - FUNDSTR UAB - FMA \u00d6sterreich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\/licence-withdrawn-fundstr-uab\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Licence Withdrawn - FUNDSTR UAB - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"The FMA warns about the electronic money institution FUNDSTR UAB. The institution\u2019s licence to provide financial services has been revoked by Lietuvos bankas, the Lithuanian supervisory authority.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fma.gv.at\/en\/licence-withdrawn-fundstr-uab\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-27T09:23:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-27T14:48:20+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=\"Michael Bailey\" \/>\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=\"Michael Bailey\" \/>\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\\\/licence-withdrawn-fundstr-uab\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/licence-withdrawn-fundstr-uab\\\/\"},\"author\":{\"name\":\"Michael Bailey\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/0fc93858fe7814eedc8002775131ee91\"},\"headline\":\"Licence Withdrawn &#8211; 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