Regulatory Alerts2026-04-24
Report on Inspection of the Board's Follow-up on Costs and Returns in Investment Company IA Invest
The Danish Financial Supervisory Authority issued an inspection report on 24 April 2026 following a November 2025 thematic review of Investment Company IA Invest, finding that its board lacked clear, objective criteria and defined processes for monitoring sub-fund returns and costs. Consequently, the regulator issued a directive requiring the company to implement adequate reporting mechanisms, establish explicit evaluation criteria in its governance documents, and develop procedures to address underperforming or overcosted sub-funds. The inspection underscores the mandatory obligation for investment company boards to continuously ensure market-conforming performance and competitive costs to safeguard investor interests.
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