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YEM / YEM Foundation

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Attention! The FMA warns investors against concluding transactions with:

YEM / YEM Foundation

With its registered address apparently in the United States of America and in the European Union.


This provider is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore not permitted to conduct the issuance and administration of payment instruments such as credit cards, banker’s drafts and traveller’s cheques on a commercial basis, with no limitation applicable to the term of crediting in the case of credit cards (Article 1 para. 1 no. 6 of the Austrian Banking Act (BWG; Bankwesengesetz).

The basis for this publication is Article 4 para. 7 BWG and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 13.05.2023.

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