AMNews

Finnish regulator bans fundraising firm for marketing without license

The Finnish supervisory authority says Ermitage Partners promoted alternative investment funds despite not having the required license yet – but the fundraising boutique disagrees.
by REETA ILONA PAAKKINEN

The Finnish Financial Supervisory Authority (FIN-FSA) has prohibited Ermitage Partners from providing investment services after claiming the company was marketing its services before completing the process of being authorized to do so. 

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading