October 25, 2020

Dynamic Systems Allocation Fund terminated by CIMA

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2013-10-30 - Decision Notice - Dynamic Systems Allocation Fund LimitedOn 30th October 2013 the Cayman Islands Monetary Authority terminated the registration of Dynamic Systems Allocation Fund Limited (Reg. # 4566).

A letter sent to Flavio Cirio Director of the Fund in Switzerland gave the following reasons for the termination:

failing to prepare and  submit audited accounts for the  years  ended 31 December 2003  to  2012 and  failing to pay  its  annual registration fee for  the  years  2008 to 2013

in addition, the Fund remains in breach of Section 50 of the Companies  Law  (2013 Revision) for failing to have a registered office.

The letter was signed by Patrick Bodden Deputy Managing Director-Operations

A copy of the termination letter is attached

2013-10-30 - Decision Notice - Dynamic Systems Allocation Fund Limited

 

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