The company “Synergy Finance” will receive the operating licence of an investment fund management company
The Board of the Bank of Lithuania decided to issue the licence of a management company operating under the Law on Collective Investment Undertakings, which grants the right to manage collective investment undertakings investing in other collective investment undertakings
Assets managed by collective investment undertakings (CIUs) increased, while the number of their participants decreased further
According to the Bank of Lithuania, at the end of the first quarter, ten management companies managed LTL 569.91 million of CIUs assets, an increase of 11.23 per cent from the figure three months ago.
Assets managed by pension funds and their unit values are increasing
The Bank of Lithuania data suggest that due to good investment results the assets managed by thirty Pillar II pension funds operating in the country increased by LTL 291.32 million (7.14 %) and reached LTL 4.372 billion in the first quarter of this year.
Automated „trap“ for violators to register abuse cases within securities market
The staffs of the Bank of Lithuania have developed an automated system for generating abuse alerts in the securities market, which will help to identify...
AB “Gubernija” was warned regarding the law infringement and instructed to eliminate deficiencies in its financial accounting
After investigating the law infringement case, the Supervision Service of the Bank of Lithuania warned the financial market participant AB “Gubernija” (Šiauliai) about...