Pursuant to Article 4 para. 7 of the Bankwesengesetz (BWG; Banking Act) and Article 92 para. 11, first sentence of the Wertpapieraufsichtsgesetz 2018 (WAG 2018; Securities Supervision Act 2018), 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 (Article 1 para. 1 BWG) or investment services transactions (Article 3 para. 2 nos. 1 to 4 WAG 2018), 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” on 17.11.2020, the FMA hereby informs that
with its registered address apparently in Bern-Mittelland 3000-3030, Switzerland
is not authorised to provide investment services or banking services in Austria that require a licence. The provider is therefore not permitted to trade in transferable securities on own account or on the account of others on a commercial basis (Article 1 para 1 no. 7 BWG) as well as to provide investment advice on a commercial basis with regard to financial instruments (Article 3 para. 2 no. 1 WAG 2018).