The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 12,880.00 by means of a penal order against LLB Invest Kapitalanlagegesellschaft m.b.H. by way of the accelerated conclusion of proceedings pursuant to Article 22 para 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). LLB Invest Kapitalanlagegesellschaft m.b.H. failed to observed investment rules, thereby breaching provisions in the Investment Funds Act (InvFG 2011; Investmentfondsgesetz) and failed to comply with information obligations towards the FMA.
The penal order is final.