Regulatory Alerts2026-05-01
Order to Imbro A/S for non-compliant PRIIP KID, misleading marketing and suspension of marketing
The Danish Financial Supervisory Authority ordered Imbro A/S to recalculate and update the result scenarios in its PRIIP Key Information Documents to include legally mandated cost tables, and to immediately remove all marketing materials displaying expected returns that deviate from the moderate scenario. The directive addresses instances where the fund manager incorrectly calculated stressed scenarios as yielding positive returns and promoted funds with significantly higher advertised returns than those documented in the official KIDs. This enforcement action aims to prevent retail investors in the IMBRO ZERO2 BATTERY STORAGE 1 P/S and IMBRO RETAIL – FREDERIKSHAVN P/S and A/S funds from being misled about potential investment outcomes.
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