{"id":49483,"date":"2021-02-02T08:00:00","date_gmt":"2021-02-02T07:00:00","guid":{"rendered":"https:\/\/www.fma.gv.at\/lva24-prozessfinanzierung-gmbh\/"},"modified":"2024-04-02T11:40:31","modified_gmt":"2024-04-02T09:40:31","slug":"lva24-prozessfinanzierung-gmbh","status":"publish","type":"post","link":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/","title":{"rendered":"LVA24 Prozessfinanzierung GmbH"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><p class=\"wp-block-paragraph\">Pursuant to Article&nbsp;22c para.&nbsp;1 no.&nbsp;2 of the Financial Market Authority Act (FMABG &ndash; Finanzmarktaufsichtsbeh&ouml;rdengesetz), the Austrian Financial Market Authority (FMA) may in imposing a sanction imposed as a result of breaches of among other provisions Article&nbsp;60 para.&nbsp;1 no.&nbsp;1 of the Alternative Investment Fund Managers Act (AIFMG; Alternative Investmentfonds Manager-Gesetz), disclose the name of the persons or entities upon whom a sanction has been imposed, as well as information about the sanction imposed.<\/p><p class=\"wp-block-paragraph\">By publication in the official gazette &ldquo;Amtsblatt zur Wiener Zeitung&rdquo; of 02.02.2021, the FMA hereby informs, that<\/p><p class=\"has-text-align-center wp-block-paragraph\"><strong>LVA24 Prozessfinanzierung GmbH<\/strong><\/p><p class=\"has-text-align-center wp-block-paragraph\">Commercial Register no. FN 453834d<\/p><p class=\"has-text-align-center wp-block-paragraph\">Faradaygasse 6, 1030 Vienna<\/p><p class=\"has-text-align-center wp-block-paragraph\">Web: www.lva24.at<\/p><p class=\"has-text-align-center wp-block-paragraph\">E-Mail: office@lva24.at<\/p><p class=\"wp-block-paragraph\">was instructed by means of an administrative decision dated 19.01.2021 to cease the unauthorised management of an alternative investment fund pursuant to Article&nbsp;2 para.&nbsp;1 no.&nbsp;2 AIFMG.<\/p><hr class=\"wp-block-separator has-alpha-channel-opacity\"><p class=\"has-text-align-center wp-block-paragraph\"><strong>Update: 09.04.2021<\/strong><\/p><p class=\"wp-block-paragraph\">LVA24 Prozessfinanzierung GmbH submitted an appeal to the Federal Administrative Court (BVwG; Bundesverwaltungsgericht) against the FMA's administrative decision.<\/p><hr class=\"wp-block-separator has-alpha-channel-opacity\"><p class=\"has-text-align-center wp-block-paragraph\"><strong>Update: 17.06.2021<\/strong><\/p><p class=\"wp-block-paragraph\">The previously threatened coercive penalty was imposed upon LVA24 Prozessfinanzierung GmbH by means of an administrative decision dated 01.06.2021, and advice given about a further coercive penalty.<\/p><hr class=\"wp-block-separator has-alpha-channel-opacity\"><p class=\"has-text-align-center wp-block-paragraph\"><strong>Update: 03.08.2023<\/strong><\/p><p class=\"wp-block-paragraph\">Regarding the relevant items contained in the ruling of the FMA&rsquo;s administrative decision dated 19.01.2021, these items were repealed in the ruling of the Federal Administrative Court (BVwG) dated 03.08.2023.<\/p><p class=\"wp-block-paragraph\">The FMA&rsquo;s administrative decision dated 01.06.2021 was repealed fully in the ruling of the Federal Administrative Court (BVwG) dated 03.08.2023.<\/p><hr class=\"wp-block-separator has-alpha-channel-opacity\"><p class=\"has-text-align-center wp-block-paragraph\"><strong>Update: 29.03.2024<\/strong><\/p><p class=\"wp-block-paragraph\">The ruling of the Federal Administrative Court (BVwG) dated 03.08.2023, in which the FMA administrative decision dated 19.01.2021 was repealed fully, has itself been fully repealed by way of the Austrian Financial Market Authority&rsquo;s final right of appeal by way an order dated 15.02.2024 by the Supreme Administrative Court (VwGH) due to its content being deemed to be unlawful.<\/p><p class=\"wp-block-paragraph\">The ruling of the Federal Administrative Court (BVwG) dated 03.08.2023, in which the FMA administrative decision dated 01.06.2021 was repealed fully, has itself been fully repealed by way of the Austrian Financial Market Authority&rsquo;s final right of appeal by way an order dated 15.02.2024 by the Supreme Administrative Court (VwGH) due to its content being deemed to be unlawful.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pursuant to Article&nbsp;22c para.&nbsp;1 no.&nbsp;2 of the Financial Market Authority Act (FMABG &ndash; Finanzmarktaufsichtsbeh&ouml;rdengesetz), the Austrian Financial Market Authority (FMA) &#8230;<\/p>\n","protected":false},"author":56,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[85],"tags":[],"class_list":["post-49483","post","type-post","status-publish","format-standard","hentry","category-sanction"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LVA24 Prozessfinanzierung GmbH - 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\/lva24-prozessfinanzierung-gmbh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LVA24 Prozessfinanzierung GmbH - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"Pursuant to Article&nbsp;22c para.&nbsp;1 no.&nbsp;2 of the Financial Market Authority Act (FMABG &ndash; Finanzmarktaufsichtsbeh&ouml;rdengesetz), the Austrian Financial Market Authority (FMA) ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-02T07:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-02T09:40:31+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=\"Marleen Frantz\" \/>\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=\"Marleen Frantz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/\"},\"author\":{\"name\":\"Marleen Frantz\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/97a363b40d266dded84f884b9e275706\"},\"headline\":\"LVA24 Prozessfinanzierung GmbH\",\"datePublished\":\"2021-02-02T07:00:00+00:00\",\"dateModified\":\"2024-04-02T09:40:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/\"},\"wordCount\":364,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"articleSection\":[\"Sanction\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/\",\"name\":\"LVA24 Prozessfinanzierung GmbH - FMA \u00d6sterreich\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#website\"},\"datePublished\":\"2021-02-02T07:00:00+00:00\",\"dateModified\":\"2024-04-02T09:40:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/lva24-prozessfinanzierung-gmbh\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LVA24 Prozessfinanzierung GmbH\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/\",\"name\":\"FMA \u00d6sterreich\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\",\"name\":\"FMA - Finanzmarktaufsicht\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2017\\\/05\\\/FMA_Logo_Twitter_400x400.png\",\"contentUrl\":\"https:\\\/\\\/www.fma.gv.at\\\/wp-content\\\/uploads\\\/2017\\\/05\\\/FMA_Logo_Twitter_400x400.png\",\"width\":400,\"height\":400,\"caption\":\"FMA - Finanzmarktaufsicht\"},\"image\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/FMA_AT\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/97a363b40d266dded84f884b9e275706\",\"name\":\"Marleen Frantz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b9f978c01a8d31e62a3f8669303e32cd0c37a5f594723f151434240dbabf0baa?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b9f978c01a8d31e62a3f8669303e32cd0c37a5f594723f151434240dbabf0baa?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b9f978c01a8d31e62a3f8669303e32cd0c37a5f594723f151434240dbabf0baa?s=96&d=mm&r=g\",\"caption\":\"Marleen Frantz\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LVA24 Prozessfinanzierung GmbH - FMA \u00d6sterreich","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/","og_locale":"en_US","og_type":"article","og_title":"LVA24 Prozessfinanzierung GmbH - FMA \u00d6sterreich","og_description":"Pursuant to Article&nbsp;22c para.&nbsp;1 no.&nbsp;2 of the Financial Market Authority Act (FMABG &ndash; Finanzmarktaufsichtsbeh&ouml;rdengesetz), the Austrian Financial Market Authority (FMA) ...","og_url":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/","og_site_name":"FMA \u00d6sterreich","article_published_time":"2021-02-02T07:00:00+00:00","article_modified_time":"2024-04-02T09:40:31+00:00","og_image":[{"width":925,"height":524,"url":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_FB_Logo.jpg","type":"image\/jpeg"}],"author":"Marleen Frantz","twitter_card":"summary_large_image","twitter_creator":"@FMA_AT","twitter_site":"@FMA_AT","twitter_misc":{"Written by":"Marleen Frantz","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/#article","isPartOf":{"@id":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/"},"author":{"name":"Marleen Frantz","@id":"https:\/\/www.fma.gv.at\/en\/#\/schema\/person\/97a363b40d266dded84f884b9e275706"},"headline":"LVA24 Prozessfinanzierung GmbH","datePublished":"2021-02-02T07:00:00+00:00","dateModified":"2024-04-02T09:40:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/"},"wordCount":364,"publisher":{"@id":"https:\/\/www.fma.gv.at\/en\/#organization"},"articleSection":["Sanction"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/","url":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/","name":"LVA24 Prozessfinanzierung GmbH - FMA \u00d6sterreich","isPartOf":{"@id":"https:\/\/www.fma.gv.at\/en\/#website"},"datePublished":"2021-02-02T07:00:00+00:00","dateModified":"2024-04-02T09:40:31+00:00","breadcrumb":{"@id":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.fma.gv.at\/en\/lva24-prozessfinanzierung-gmbh\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fma.gv.at\/en\/"},{"@type":"ListItem","position":2,"name":"LVA24 Prozessfinanzierung GmbH"}]},{"@type":"WebSite","@id":"https:\/\/www.fma.gv.at\/en\/#website","url":"https:\/\/www.fma.gv.at\/en\/","name":"FMA \u00d6sterreich","description":"","publisher":{"@id":"https:\/\/www.fma.gv.at\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fma.gv.at\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fma.gv.at\/en\/#organization","name":"FMA - Finanzmarktaufsicht","url":"https:\/\/www.fma.gv.at\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fma.gv.at\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_Logo_Twitter_400x400.png","contentUrl":"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_Logo_Twitter_400x400.png","width":400,"height":400,"caption":"FMA - Finanzmarktaufsicht"},"image":{"@id":"https:\/\/www.fma.gv.at\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/FMA_AT"]},{"@type":"Person","@id":"https:\/\/www.fma.gv.at\/en\/#\/schema\/person\/97a363b40d266dded84f884b9e275706","name":"Marleen Frantz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b9f978c01a8d31e62a3f8669303e32cd0c37a5f594723f151434240dbabf0baa?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b9f978c01a8d31e62a3f8669303e32cd0c37a5f594723f151434240dbabf0baa?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b9f978c01a8d31e62a3f8669303e32cd0c37a5f594723f151434240dbabf0baa?s=96&d=mm&r=g","caption":"Marleen Frantz"}}]}},"toolset-meta":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-30 23:08:45","action":"delete","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/posts\/49483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/comments?post=49483"}],"version-history":[{"count":1,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/posts\/49483\/revisions"}],"predecessor-version":[{"id":49484,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/posts\/49483\/revisions\/49484"}],"wp:attachment":[{"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/media?parent=49483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/categories?post=49483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fma.gv.at\/en\/wp-json\/wp\/v2\/tags?post=49483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}