News release 13 July 2017 – 12/2017

FIN-FSA imposes administrative fine on Hufvudstadsbladets Pensionsstiftelse for neglect of reporting

The FIN-FSA has imposed an administrative fine of EUR 5,000 on Hufvudstadsbladets Pensionsstiftelse for neglect of reporting. The company has neglected to disclose due information according to its statutory regular reporting obligation to FIN-FSA. The data was submitted six (6) business days too late.

For neglect of a reporting obligation, the FIN-FSA may impose an administrative fine of EUR 5,000–100,000 on a legal person. Such an administrative fine shall be ordered payable to the State.

The FIN-FSA's decision is not yet legally binding. The company has the right to appeal the decision of 11 July 2017 to the Market Court within 30 days of the company's receipt of notice of said decision.

To request an interview with

  • Sonja Lohse, Chief Advisor, please contact FIN-FSA Communications, tel. +358 50 385 5154 (weekdays 9.00–16.00).

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