{"id":441893,"date":"2024-11-06T08:00:00","date_gmt":"2024-11-06T07:00:00","guid":{"rendered":"https:\/\/www.fma.gv.at\/?p=441893"},"modified":"2024-11-07T18:55:24","modified_gmt":"2024-11-07T17:55:24","slug":"fma-warns-against-offerings-by-xbo-invest","status":"publish","type":"post","link":"https:\/\/www.fma.gv.at\/en\/fma-warns-against-offerings-by-xbo-invest\/","title":{"rendered":"FMA warns against offerings by XBO Invest"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><p class=\"has-text-align-center wp-block-paragraph\"><strong>Announcement<\/strong><\/p><p class=\"has-text-align-center wp-block-paragraph\"><strong>The FMA warns against offerings by&nbsp;<\/strong><\/p><p class=\"has-text-align-center wp-block-paragraph\"><strong>XBO Invest<\/strong><br><strong>Web: <\/strong>https:\/\/xboinvest.com\/<br><strong>E-Mail:<\/strong> support@xboinvest.email&nbsp;<br>with its registered office apparently in: London<\/p><p class=\"wp-block-paragraph\">This provider is not authorised to conduct banking services in Austria that require a licence, and therefore is not allow to offer the trading of financial instruments in accordance with Article 1 para.&nbsp;1 no. 7 lit. c of the Austrian Banking Act (BWG; Bankwesengesetz).<\/p><p class=\"wp-block-paragraph\">We advise that there is a risk of confusion with another provider.<\/p><p class=\"wp-block-paragraph\">The basis for this publication is Article 4 para. 7 BWG.<\/p><hr class=\"wp-block-separator has-alpha-channel-opacity\"><p class=\"wp-block-paragraph\">Anyone providing banking services, and financial and securities services in Austria, requires the necessary authorisation or licence to do so from the Austrian Financial Market Authority (FMA). Some undertakings offer such services without holding the necessary authorisation. Information about whether a specific undertaking has been authorised\/licensed by the FMA, can be found in the <a href=\"https:\/\/www.fma.gv.at\/en\/search-company-database\/\">FMA Company Database<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Attention! The FMA warns against concluding transactions with this provider.<\/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":[81],"tags":[],"class_list":["post-441893","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>FMA warns against offerings by XBO Invest - 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\/fma-warns-against-offerings-by-xbo-invest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FMA warns against offerings by XBO Invest - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"Attention! The FMA warns against concluding transactions with this provider.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fma.gv.at\/en\/fma-warns-against-offerings-by-xbo-invest\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-06T07:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T17:55:24+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=\"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\\\/fma-warns-against-offerings-by-xbo-invest\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fma-warns-against-offerings-by-xbo-invest\\\/\"},\"author\":{\"name\":\"Michael Bailey\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/0fc93858fe7814eedc8002775131ee91\"},\"headline\":\"FMA warns against offerings by XBO Invest\",\"datePublished\":\"2024-11-06T07:00:00+00:00\",\"dateModified\":\"2024-11-07T17:55:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fma-warns-against-offerings-by-xbo-invest\\\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"articleSection\":[\"Warning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fma-warns-against-offerings-by-xbo-invest\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/fma-warns-against-offerings-by-xbo-invest\\\/\",\"name\":\"FMA warns against offerings by XBO Invest - 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