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 20 January 2010, the FMA informs, that<\/p>
CMP Global Consulting Ltd.<\/strong> is not authorised to carry out certain banking transactions requiring a licence in Austria pursuant to Article 1 para. 1 no. 1 BWG. The commercial acceptance of funds from other parties for the purpose of administration or as deposits (deposit business) is therefore not allowed.<\/p>\n","protected":false},"excerpt":{"rendered":" The FMA warns investors against the conclusion of banking services 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-5316","post","type-post","status-publish","format-standard","hentry","category-warning"],"yoast_head":"\n
\nPrinces Exchange-Princes Square Leeds
\nLS1 4HY United Kingdom
\nand\/or
\nTrojan House Top Floor
\n34 Arcadia Avenue
\nLondon N3 2JU
\nRegistered in England and Wales
\nNo. 6135182
\nPhone: 0044 113 28 05 839
\nFax: 0044 113 28 05 977<\/p>