The Board of the Cyprus Securities and Exchange Commission (CySEC) just informed investors that, at its meeting held on December 19, 2016, decided to impose a total administrative fine of €5.000 on the AIFM Fortified Capital Ltd for the noncompliance with article 29(2) of the Alternative Investment Funds Law. The Company, acting as the external…
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The Autorité des marchés financiers (AMF) is warning French investors about VIAGEFI 6 LIMITED. This English alternative investment fund (AIF) is not authorised for sale in France. VIAGEFI 6 LIMITED has been offered to French investors, in many cases via financial investment advisers (FIA). However, this fund, which is an AIF (alternative investment fund) authorised…
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The Autorité des Marchés Financiers (AMF) is warning French investors about the Keystone Fund. This Luxembourg alternative investment fund (AIF), which takes the form of a UCITS, is not authorised for sale in France. Keystone Fund is a Luxembourg alternative investment fund (AIF) known as a Specialized Investment Fund (SIF) and has two sections: KEYSTONE REAL…
Read moreThe European Securities and Markets Authority (ESMA) has published a Call for Evidence on Asset Segregation and Custody Services under the Alternative Investment Fund Managers Directive (AIFMD) and the Directive on Undertakings for Collective Investment in Transferable Securities (UCITS Directive). ESMA first consulted on asset segregation under the AIFMD in December 2014 (Guidelines on asset…
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