Enforcement Action

Enforcement Action: Administrative Penalty $680.00
Name of Entity: Southagus Fund Ltd
Date of Action: 23/02/2016

An administrative penalty in the amount of $680.00 was imposed on Southagus 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.