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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: 05/04/2018
Sanction expiration date: 09/05/2023
Sanctioned entity name: 3 Banken-Generali Investment-Gesellschaft m.b.H.
Sanctioned entity legal framework: UCITS
Sanctioned entity LEI
Free Text 1 (German): Österreichs Finanzmarktaufsichtsbehörde FMA teilt mit, dass sie wegen Verletzung einer Veranlagungsbestimmung (§ 74 Abs 1 InvFG 2011) in Bezug auf einen Miteigentumsfonds gemäß § 48 AIFMG iVm § 166 InvFG 2011 gegen einen verantwortlichen Beauftragten der 3 Banken-Generali Investment-Gesellschaft m.b.H. eine Geldstrafe von € 2.000,– 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 € 2,000 by means of a penal order against a responsible representative of 3 Banken-Generali Investment-Gesellschaft m.b.H. for a breach against an investment provision (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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