Administrative Penalty $1,100.00 - STRATEGIC ACACIA LIMITED (2016-12-22)

Summary

This is a published enforcement notice from the BVI Financial Services Commission recording an administrative penalty imposed on Strategic Acacia Limited, a mutual fund entity, for a regulatory breach. It is purely informational and does not create any new ongoing obligations for other parties.

• Penalty: $1,100.00 administrative penalty imposed on Strategic Acacia Limited
• Breach: Contravention of section 10(4) of the Mutual Funds Regulations, 2010
• Underlying failure: Failure to provide a copy of audited financial statements within six months after its financial year end of 30 September 2014
• Reference: Matter ID BF101113/306

Applies to

mutual funds