Enforcement Action

Enforcement Action: Administrative Penalty $8,150.00
Name of Entity: THE GALILEO FUND LTD.
Date of Action: 06/10/2016

An administrative penalty in the amount of $8,150.00 was imposed on THE GALILEO 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.