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Sanction details

Sanction

Sanction legal framework: UCITS
Member state: AUSTRIA
Sanctioning authority: Austrian Financial Market Authority (FMA)
Sanction nature: Administrative sanction and measure
Sanction date: 29/05/2018
Sanction expiration date: 02/07/2023
Sanctioned entity name: Spängler IQAM Invest GmbH
Sanctioned entity legal framework: UCITS
Sanctioned entity LEI
Free Text 1 (German): Österreichs Finanzmarktaufsichtsbehörde FMA teilt mit, dass sie wegen mehrfachen Verstößen gegen Veranlagungsbestimmungen (§ 74 Abs 1 InvFG 2011) in Bezug auf einen Miteigentumsfonds gemäß § 48 AIFMG iVm § 166 InvFG 2011 gegen die Kapitalanlagegesellschaft Spängler IQAM Invest GmbH als juristische Person mittels Straferkenntnis eine Geldstrafe von € 13.000 verhängt hat. Das Straferkenntnis ist rechtskräftig.
Free Text 2 (English): The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of € 13,000 by means of a penal order against the investment fund management company Spängler IQAM Invest GmbH as a legal person for multiple breaches against the investment provisions (Article 74 para. 1 of the Investment Funds Act 2011 (InvFG 2011; Investmentfondsgesetz 2011)) in relation to a jointly owned fund pursuant to Article 48 of the Alternative Investment Fund Managers Act (AIFMG; Alternative Investmentfonds Manager-Gesetz) in conjunction with Article 166 InvFG 2011. The penal order is final.
Last update: 24/10/2018

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