Waystone Asset Management (IE) Limited
1 of 14 sanctions recorded for Ireland.
- Sanction date
- 1 Dec 2015
- Country
- Ireland
- Legal framework
- MiFID
- Nature of sanction
- Administrative sanction and measure
- LEI
- 635400GF9HZVBJ2E6L67
- ESMA sanction ID
- 3063
Sanction text
Original language: English. Text is published as-is from ESMA.
On 1 December 2015, the Central Bank fined Lambay €49,000 and reprimanded it in relation to breaches of its obligations under Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 (the “CRR”) and the European Communities (Markets in Financial Instruments) Regulations 2007 (S.I. No. 60 of 2007) (“MiFID Regulations”). Lambay overstated its own funds position by including unaudited profit in its quarterly returns and failed to implement adequate accounting procedures and internal control mechanisms specifically in relation to the production of its regulatory returns.
Related registers
- MiFID Register NCA-level enforcement actions
- EU Sanctions Commission restrictive measures
- LEI Lookup Look up this entity by LEI
Data sourced from the ESMA sanctions and enforcement register, updated weekly.
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