Regulatory Alerts2026-05-27
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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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28.05.26
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Supervision and Regulation
By order dated May 26, 2026, the Financial Market Authority (FMA) ordered TGI AG, Städtle 33, 9490 Vaduz, Liechtenstein (FL-0002.646.647-1), to immediately cease the distribution and public offering of the products "Customer Basic 2%", "Sales Premium" and "Instant Discount". TGI AG is conducting deposit business with these products without the necessary authorization from the FMA. In addition, TGI AG was ordered to refrain from further holding the third-party funds accepted as deposits in connection with these products within four months of notification of the injunction.
This injunction is immediately enforceable, but is not yet legally binding.
TGI AG does not have a supervisory license or registration from the FMA and is not authorized to provide services in Liechtenstein that require a license or registration. The FMA refers to its warning of April 22, 2026.
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