Pursuant to Article 4 para. 7 first sentence of the Austrian Banking Act (BWG; Bankwesengesetz), 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 30 September 2015, the FMA informs that<\/p>
Greenwood Bank PLC resp.<\/strong> Tel: +43557444655 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-3122","post","type-post","status-publish","format-standard","hentry","category-warning"],"yoast_head":"\n
\nGreenwood Online Bank PLC<\/strong>
\nwith its alleged head office at
\nBahnhofstraße 9, 6900 Bregenz
\nAustria<\/p>
\nFax: +43557342655
\nE-mail: info@greenwoodbankplc.grouponlines.com
\nforeignremmitance@greenwoodbankplc.grouponlines.com, jeremyclark@greenwoodbankplc.grouponlines.com
\nInternet: www.greenwoodbankplc.grouponlines.com
\nis not entitled to carry out banking transactions in Austria that require a licence. Pursuant to Article 1 para. 1 no. 8 BWG the provider is therefore not allowed to assume, on a commercial basis, suretyships, guarantees and other forms of liability for other parties where the obligation assumed is monetary in nature (guarantee business).<\/p>\n","protected":false},"excerpt":{"rendered":"