CSSF held back Alter Domus fine announcement for a year

Luxembourg’s financial supervisor CSSF this week announced that it, at the end of 2021, presented management company Alter Domus with a fine of 174,000 euro relating to the collapsed Columna Commodities fund. 

This Luxembourg fund, created in 2013, went into liquidation in 2017, a year before the sale of its manager, Luxembourg Fund Partners, or LFP, to Alter Domus. CSSF said the fine was issued on 1 December 2021, more than a year ago.