Regulatory Alerts2026-05-27
Added · Updated
FMA Imposes Measures Against TGI AG for Unauthorized Operation of the Deposit Business
The Financial Market Authority (FMA) has ordered TGI AG to immediately cease the distribution and public offering of three specific financial products due to the company's unauthorized operation of deposit business. The injunction mandates that TGI AG must cease holding third-party funds associated with these products within four months of notification, as the firm lacks the required FMA supervisory license or registration. Although the measure is immediately enforceable and follows a prior regulatory warning, it remains subject to further legal proceedings and is not yet legally binding.
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