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Announcement: FMA imposes sanction against the investment fund management company MASTERINVEST Kapitalanlage GmbH for breaches against the Investment Fund Act 2011 (InvFG 2011; Investmentfondsgesetz 2011)

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of € 2,800 by way of the accelerated conclusion of proceedings pursuant to Article 22 of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) for a breach of the limit set for the granting of a loan in relation to a jointly owned fund and for a breach of the fund provisions in relation to a jointly owned fund against the investment fund management company MASTERINVEST Kapitalanlage GmbH as a legal person.

The penal order is final.

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