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 2 August 2017, the FMA hereby informs, that<\/p>
Atlantic Global Asset Management, SA<\/strong><\/p> with its registered address apparently at<\/p> Edifício BAI Center, 2 Piso Direito<\/p> Avenida Cidade de Lisboa<\/p> Praia<\/p> Cabo Verde – C.P.337<\/p> Tel: +883510001246114<\/p> support@atlanticgam.es<\/p> support.finance@atlanticgam.es<\/p> is not entitled to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties for the purpose of management is not allowed pursuant to Article 1 Para. 1 no. 1 first case BWG. The FMA has necessary received an application nor any other enquiry from Atlantic Global Asset Management, SA regarding the granting of a licence.<\/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":60,"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-15040","post","type-post","status-publish","format-standard","hentry","category-warning"],"yoast_head":"\n