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Regulators

Austrian Financial Market Authority (FMA) Warning: SIBS Brokers 

13 Jan 2016 by OneStopBrokers
Austrian-FMA

The Austrian Financial Market Authority (FMA) has issued a press release to inform that by publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 12 January 2016 the below company is not entitled to provide investment services in Austria requiring a licence. The provider is therefore not entitled to provide investment advice in relation to financial instruments pursuant to Article 3 para. 2 no. 1 WAG 2007.

Company:
SIBS Brokers
alleged: Cannon str. 3 / 2nd floor
EC4M 9AE London
United Kingdom
Email: sibs-brokers(at)mail.com
Tel: +44(0) 203-80-83-090

FMA disclose that 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.

Source: FMA

 

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