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FMA Warnings

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www.clarium-capital.com
Release Date: June 1, 2019 | Categories:

investors warning

The Austrian Financial Market Supervisory Authority (FMA) may inform the public in accordance with § 92 para. 11, 1st sentence of the Securities Supervision Act 2018 (WAG 2018) by announcing on the Internet or in a newspaper with distribution throughout the Federal territory that a natural person or legal entity named by name shall make certain Securities services transactions (§ 3 para 2 points 1 to 4 WAG 2018) is not entitled, provided that person has given cause and a public information required and in terms of possible disadvantages of the person concerned is proportionate.

With announcement in the official gazette to the Viennese newspaper from 01.06.2019 the FMA informs therefore that the unknown operators of the web page

www.clarium-capital.com

info@clarium-capital.com

are not entitled to provide investment services subject to a license in Austria. Therefore, the provider is not permitted to provide commercial investment advice in relation to financial instruments (§ 3 (2) no. 1 WAG 2018).

www.vpmwealth.com

investors warning

The Austrian Financial Market Supervisory Authority (FMA) may inform the public in accordance with § 92 para. 11, 1st sentence of the Securities Supervision Act 2018 (WAG 2018) by announcing on the Internet or in a newspaper with distribution throughout the Federal territory that a natural person or legal entity named by name shall make certain Securities services transactions (§ 3 para 2 points 1 to 4 WAG 2018) is not entitled, provided that person has given cause and a public information required and in terms of possible disadvantages of the person concerned is proportionate.

With announcement in the official gazette to the Viennese newspaper from 01.06.2019 the FMA informs therefore that the unknown operators of the web page

www.vpmwealth.com

enquiries@vpmwealth.com, mps- inquiries@vpmwealth.com

are not entitled to provide investment services subject to a license in Austria. Therefore, the provider is not permitted to provide commercial portfolio management by managing portfolios on an individual customer basis with a discretionary power under a power of attorney provided that the customer portfolio contains one or more financial instruments (§ 3 (2) no. 2 WAG 2018).