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Finanstilsynet Inspection Report: Capital Four Management Fondsmæglerselskab A/S

Statement on inspection in Capital Four Management Fondsmæglerselskab A / S (money laundering area)

In September 2020, the Danish Financial Supervisory Authority inspected Capital Four Management Fondsmæglerselskab A / S. The inspection was an investigation of the money laundering area. The inspection included the company’s customer knowledge procedures as well as monitoring of customers.

Risk assessment and summary

Capital Four is a stockbroking company that operates globally within investing in high-yield corporate bonds. The company received its stockbroking license in 2007 and is headquartered in Copenhagen.

The Danish Financial Supervisory Authority assesses that the company’s inherent risk of being used for money laundering or terrorist financing is low to normal compared to the average of financial companies in Denmark. In the assessment, special emphasis is placed on the fact that stockbrokers generally have a low inherent risk and that the company only offers discretionary portfolio management, which means that the company makes investments on behalf of the clients in accordance with the portfolio agreements with the clients. Furthermore, the company only caters to institutional and professional clients, including clients who also offer discretionary portfolio management or manage alternative investment funds.

On the basis of the inspection, no areas have given rise to supervisory reactions.


Inspection Report

Categories: Anti-Money Laundering Finanstilsynet Updates Inspection Reports


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