Regulatory Action against Investment Services Provider – Ref: 2024-30
JUNE 17, 2024
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of €600 on a Recognised Fund Administrator.
BREACHES
The MFSA determined that the Recognised Fund Administrator has acted in breach of SLC 5.2(i) of Part BI of the Investment Services Rules for Recognised Persons.
REGULATORY ACTION
On 13 June 2024, the MFSA decided to impose an administrative penalty of €600 on the Recognised Fund Administrator.
PUBLICATION
This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy.