Asset Managers · Supervision

CSSF fines Pemberton for ‘failures’ under AIFM law

Luxembourg’s financial supervisor CSSF has levied a 22,100 euro fine against alternative investment fund manager Pemberton Asset Management SA after a 2020 inspection found  “failures” in risk management, organisational requirements and supervising delegated activities under Luxembourg’s AIFM law, the regulator announced on Tuesday.

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