Regulatory Alerts2026-06-18
Order to ACM Forvaltning A/S Regarding Deficient Governance Documents and Misleading Marketing
The Danish Financial Supervisory Authority has ordered ACM Forvaltning A/S to implement adequate governance processes and documentation for its PRIIP KIDs and to eliminate misleading marketing practices. The regulator found that the company failed to include required stress scenarios in its key information documents and used non-statutory methods to calculate and present expected returns, thereby overstating favorable outcomes. The order mandates immediate compliance with EU regulations regarding document accuracy, balanced risk presentation, and the exclusive use of legally prescribed calculation methods.
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