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FIN-FSA issues combined €1m penalty payment on Alexandria Group Plc

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Photo: Getty Images

Martina Lindberg

1 min read
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The company failed to obtain required information about clients before providing investment advice.

Alexandria Group Plc, one of Finland’s largest investment service companies, has been issued a combined penalty by the FIN-FSA of €1m ($1,138,779) for multiple omissions regarding its services.

The omissions happened between March 1, 2021, and September 30, 2021, and May 11, 2021, to September 30, 2021, and were related to failings around:

  • obtaining information on clients before providing
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