Enforcement Action

Enforcement Action: Administrative Penalty $3,500.00
Name of Entity: The Opportunity Art Fund Ltd.
Date of Action: 16/02/2017

An administrative penalty in the amount of $3,500.00 was imposed on The Opportunity Art Fund Ltd. for its contravention of section 10(4) of the Mutual Funds Regulations, 2010 for failing to provide a copy of its audited financial statements within six months after its financial year end of 31st December, 2014.