The end for Evo Binary is almost here. Austrian Financial Market Authority (FMA) issued a statement that EvoBinary is not entitled to carry out certain banking transactions.
Statement in German
Full text in English:
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.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 27 January 2017, the FMA hereby informs that
Evo Binary International DWC
Business Center Logistics City
Dubai, Aviation City, P.O. Box 390667, DUBAI, UAE
E-Mail: info@evobinary.com
Internet: www.evobinary.com
is not entitled to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties on a commercial basis for management purposes (Article 1 para. 1 no. 1 BWG) is not allowed.
Statement in German
Full text in English:
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.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 27 January 2017, the FMA hereby informs that
Evo Binary International DWC
Business Center Logistics City
Dubai, Aviation City, P.O. Box 390667, DUBAI, UAE
E-Mail: info@evobinary.com
Internet: www.evobinary.com
is not entitled to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties on a commercial basis for management purposes (Article 1 para. 1 no. 1 BWG) is not allowed.
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