The Austrian Financial Market Authority (FMA) added the unregulated firm Royston Carr Asset Management to its warning list. The regulator stated that this entity Royston Carr Asset Management is not allowed to trade on a commercial basis on its own account, nor on behalf of others, as these transactions in Austria require a license.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” the FMA informed that
Royston Carr Asset Management
with its registered address apparently at
5F No. 173, Section 2
Datong Road, Xizhi District
New Taipei City, 22187 Taiwan
Tel: + 886 2 7703 4447
Fax: + 886 2 7703 4448
is not entitled to provide investment services in Austria that require a licence.
According to the provided information on these websites it is believed that Royston Carr Asset Management has been providing financial services or products without authorisation. In cases of investment companies / firms which are acting without authorisation of the relevant financial supervisory authority and which are targeting people in the EU precaution is recommended. Find out how to protect yourself from scammers and possible investment frauds by reviewing our provided information as follows:
> Avoid Fraud, Rip Deals, Investment Frauds: Protect Your Money
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