SIX Exchange Regulation has imposed a CHF10,000 fine on Credit Suisse Funds for alleged breaching of regular reporting obligations.
In January this year, SIX Exchange Regulation has opened an investigation against Credit Suisse Funds about a distribution relating to certain Exchange Traded Funds (ETFS).
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Credit Suise Funds has been fined by SIX Exchange Regulation or the Sanction Commision for the first time since past three years.
The breach is described as moderately serious, while the degree of responsibility is the gross negligence.
Credit Suise Funds said that it has accepted the sanction notice.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
