Administrative Penalty $900.00 - ARBITRAL INTERNATIONAL CORPORATION (2016-04-15)

Summary

This is an enforcement notice from the BVI Financial Services Commission recording an administrative penalty of $900.00 imposed on Arbitral International Corporation. The action relates to a breach of the Mutual Funds Regulations, 2010, specifically a failure to timely file audited financial statements.

• Entity: Arbitral International Corporation, a regulated mutual fund entity
• Contravention: Section 10(4) of the Mutual Funds Regulations, 2010 - failure to provide a copy of audited financial statements within six months after financial year end
• Financial year end at issue: 31 December 2014
• Penalty imposed: $900.00
• Matter ID: BF101113/315

This notice is purely informational, publicizing a completed enforcement action against a specific entity; it does not create new ongoing obligations for other regulated entities, though it illustrates the Commission's enforcement of the six month audited financial statement filing requirement under the Mutual Funds Regulations.

Applies to

mutual funds