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Announcement: FMA imposes sanction against responsible agent of an investment fund management company for a breach against the Investment Funds Act (InvFG)

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 2,000.00 for a breach of a provision on investment (Article 74 para. 1 of the Investment Funds Act 2011 (InvFG 2011; Investmentfondsgesetz 2011) in relation to a UCITS pursuant to Article 2 in conjunction with Article 50 InvFG 2011 against a responsible agent of an investment fund management company. The penal order is final.

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