2012-06-28
Rules and prospectuses of the investment fund under the establishment of UAB “Synergy finance” were permitted to be approved.
With regard to a request of UAB “Synergy finance”, the Bank of Lithuania Supervision Service permitted to approve rules of the “Synergy Finance Tactical Asset Allocation Fund”, a special investment fund under the establishment of UAB “Synergy finance”, investing into other collective investment undertakings, as well as the entire and abridged prospectuses and allowed to conclude a depository services contract with “Swedbank” AB.
The Fund is intended for investors inclined to assume larger than the average investment risk. The minimum duration of investment into this Fund is recommended to be more than three years.
Rules and prospectuses of the fund managed by UAB “Ūkio banko investicijų valdymas” were permitted to be changed.
The Bank of Lithuania Supervision Service permitted to change rules of “Ūkio bankas Investment Opportunities Fund”, a complex special collective investment undertaking managed by UAB ,,Ūkio banko investicijų valdymas“, investing into other collective investment undertakings, as well as the entire and abridged prospectuses.
The essential change of the documents of “Ūkio bankas Investment Opportunities Fund” is to discontinue providing information about a divided Money Market Instruments Sub-Fund.
In April 2012 the board of the management undertaking passed a decision to divide assets of the Sub-Fund among its participants. Ūkio bankas as the depository of the Ūkio bankas Investment Opportunities Fund confirmed that all claims of the Sub-Fund creditors had been satisfied and the remaining assets had been divided among the Sub-Fund participants pro rata the number of units they held.
The investment fund „Finasta PE Feeder Fund I“ being liquidated
The Bank of Lithuania Supervision Service decided to repeal the decision of the Securities Commission of the Republic of Lithuania of 2 June 2011 by which the rules and prospectus of the close special private capital investment fund “Finasta PE Feeder Fund I”of UAB “Finasta Asset Management” were approved and permitted to conclude a contract with the depository.
On 13 June 2012 the bard of the management undertaking passed a decision to divide (liquidate) this fund as the planned activities had not been performed and the fund had no participants.
Public lists of consumer credit lenders and their intermediaries supplemented
The Bank of Lithuania Supervision Service permitted to include UAB “Sving Finance” into the public list of consumer credit lenders.
Also, new seven intermediaries of the consumer credit lender UAB “LATEKO LIZINGAS” were permitted to be included into the public list of consumer credit intermediaries. Eighteen consumer credit intermediaries of UAB “LATEKO LIZINGAS” were included into this list earlier.
The amended public list of consumer credit lenders is posted on the website of the Bank of Lithuania.
Candidates to members of the board of UAB “Būsto paskolų draudimas” approved
The Supervision Service agreed on the candidacy of Eivilė Čipkutė claiming to the position of the Chairman of the board of UAB “Būsto paskolų draudimas”and of Audrutė Dziskienė, Lina Frejutė, Živilė Turevičienė and Ramūnas Šveikauskas claiming to positions of members of the board of UAB “Būsto paskolų draudimas”.
The Law on Insurance provides that until the election of the board members and chairman of the board of the insurance undertaking, the insurance undertaking must present to the supervisory authority information in a set form and get an agreement of the supervisory authority on the candidacies of persons claiming to these positions. The Law on Insurance provides that members and the chairman of the board of the insurance undertaking must be of good repute, qualifications and experience.