FIN-FSA has imposed seven administrative fines for neglect of reporting
FIN-FSA has imposed seven administrative fines for neglect of reporting. Administrative fines have been imposed to companies which have failed to submit the regular reports by a given deadline. Each of the administrative fines amounts to EUR 5000.
|Company||Delay in banking days|
|Helsinki Capital Partners Rahastoyhtiö Oy||3 and 4|
|Lundqvist-rederiernas Pensionsstiftelselle||5, 3 and 3|
|Ålandsbanken Abps Pensionsstiftelselle||14 and 7|
|Handelsbanken Finans Abp||7|
For neglect of a reporting obligation, FIN-FSA may impose an administrative fine of EUR 5,000–100,000 on a legal person. Such an administrative fine shall be ordered payable to the State.
No appeals have been lodged against the decisions, so they are legally binding.
- Sonja Lohse, Chief Advisor, tel. +358 10 831 5247
FIN-FSA decisions (pdf)