FSA slaps Danish pension fund with nine directives
A visit from the Danish FSA led to no less than nine directives at one of the country's biggest pension companies. The orders came after an inspection focusing on illiquid asset prices.
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The Danish FSA (Finanstilsynet) is currently taking a big interest in pension funds' growing investments in illiquid credit. At Velliv, an April 2019 inspection has led to nine directives, which all involve the pension company's handling of illiquid credit, a notification from the FSA states.
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