Pursuant to Article 92 para. 11 first sentence of the 2007 Wertpapieraufsichtsgesetz (WAG 2007; Securities Supervision 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 is not entitled to carry out certain investment services (Article 3 para. 2 nos. 1 to 4 WAG 2007), 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.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 16 January 2016, the FMA informs that the providers of the websites
www.scheichfinanzservice.com
as well as
www.launtonwealth.com
with alleged business location in
201 Bishopsgate
London EC2A 2EW
United Kingdom
Tel. +44 020 3818 5914
info(at)launtonwealth.com
are not entitled to provide investment services in Austria requiring a licence. The providers are therefore not entitled to provide investment advice in relation to financial instruments pursuant to Article 3 para. 2 no. 1 WAG 2007.