Swiss regulator moves to sanction GAM over 'material misstatement' in Cantab liabilities

SIX said it would inform the public of the outcome of the sanction proceedings

Mike Sheen
04 December 2019

Tweet
Facebook
LinkedIn
Share on Whatsapp
Send to

Swiss listing authority SIX Exchange Regulation has proposed sanctions against GAM amid claims that it understated liabilities from its 2016 acquisition of Cantab Capital Partners.

GAM's latest regulatory difficulties relate to its 2017 financial statements which SIX said this morning (4 December) contained "a potentially material misstatement" with regard to the treatment of a financial...

Investment Week helps enlightened investment professionals to grow revenues and manage risk by reading the market more astutely via this industry leading title.

Investment Week offers:-

REAL-TIME NEWS & ANALYSIS: find out what's happening in the market right now and why. Understand key asset classes and opportunities for new business

DISRUPTION: learn how technological developments and regulatory change will shape your decisions

OPINION: incisive, useful and provocative insights from experts