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 12 January 2010, the FMA informs, that
KSP Bank
Postfach 4
6960 bzw. 6961 Wolfurt
bzw.
KSP Bank
Bank für Wirtschaft
1018 Wien
is not authorised to carry out certain banking transactions requiring a licence in Austria pursuant to Article 1 para. 1 no. 1 BWG.
Please note, that there is no conjunction between KSP Bank and BAWAG P.S.K. Bank für Arbeit und Wirtschaft and Österreichische Postsparkasse AG (FN 205340 x Commercial Court Vienna).