SHELTER INVESTMENT MANAGEMENT

• LiftedCommission de Surveillance du Secteur Financier (CSSF)

  Debarment

  In this state since

  12 Sept 2026

  Designated

  24 Sept 2021

  Reason given

  En date du 24 septembre 2021, la CSSF a prononcé une amende d’ordre d’un montant total de 22.800 EUR à l’encontre du gestionnaire de fonds d’investissement ShelteR Investment Management (le « Gestionnaire »), soumis aux dispositions du chapitre 15 de la loi modifiée du 17 décembre 2010 concernant les organismes de placement collectif (la « Loi de 2010 ») et autorisé en tant que gestionnaire de fonds d’investissement alternatifs conformément aux dispositions de la loi modifiée du 12 juillet 2013 relative aux gestionnaires de fonds d’investissement alternatifs. Cette amende d’ordre se compose : - d’un montant de 8.800 EUR imposé en application des dispositions de l’article 148, paragraphe 4, point e) de la Loi de 2010 et en tenant compte des dispositions de l’article 149bis de cette loi. Ce volet de l’amende d’ordre a été prononcé sur base des dispositions de l’article 148, paragraphe 2, points g), j) et k) de la Loi de 2010 ; et - d’un montant de 14.000 EUR imposé en application des dispositions de l’article 2-1, paragraphe 1, alinéa 2, et de l’article 8-4, paragraphe 3, point a), de la loi modifiée du 12 novembre 2004 relative à la lutte contre le blanchiment et contre le financement du terrorisme (la « Loi LBC/FT»). Ce volet de l’amende d’ordre a été prononcé sur base des dispositions de l’article 8-4, paragraphes 1 et 4 de la loi LBC/FT. Cette amende d’ordre fait suite à un contrôle sur place effectué par la CSSF auprès du Gestionnaire durant lequel ont été mis en évidence certains manquements ponctuels : - aux dispositions de la Loi de 2010 relatives aux exigences générales en matière de procédures et d’organisation, en matière de délégation de fonctions ainsi qu’aux exigences prudentielles ; et - aux dispositions de la Loi LBC/FT relatives aux obligations en matière de vigilance constante et d’évaluation des risques en matière de LBC/FT, ainsi que la soumission d’informations incorrectes concernant l’utilisation d’un outil automatisé en matière de name screening dans le cadre des questionnaires LBC/FT de 2017 à 2019. Afin de déterminer le montant de l’amende d’ordre, la CSSF a dûment pris en considération les actions correctrices déjà entreprises par le Gestionnaire pour pallier les déficiences constatées, ainsi que celles qu’il s’est engagé à mettre en place. [original (French)] On 24 September 2021, the CSSF has imposed an administrative fine amounting to EUR 22,800 in total on the investment fund manager ShelteR Investment Management (the “Manager”) subject to Chapter 15 of the amended Law of 17 December 2010 relating to undertakings for collective investment (the “Law of 2010”) and authorised as alternative investment fund manager according to the provisions of the amended Law of 12 July 2013 on alternative investment fund managers. The administrative fine is composed of: - an amount of EUR 8,800 imposed pursuant to Article 148(4)(e) of the amended Law of 2010, and taking into account Article 149a of the said law. This part of the administrative fine has been imposed on the basis of Article 148(2)(g), (j) and (k) of the Law of 2010; and - an amount of EUR 14,000 imposed pursuant to Article 2-1, paragraph 1, second sub-paragraph, and article 8-4(3)(a) of the amended Law of 12 November 2004 on the fight against money laundering and terrorist financing (the “AML/CFT Law”). This part of the administrative fine has been imposed on the basis of Article 8-4 (1) and (4) of the AML/CFT Law. The administrative fine is the result of an on-site inspection carried out by the CSSF to the Manager during which have been identified some isolated failures to comply with: - the provisions of the Law of 2010 relating to general requirements on procedures and organization, requirements regarding the delegation of functions and with regards to the prudential requirements; and - the provisions of the AML/CFT relating to the fight against money laundering and terrorist financing relating to the ongoing monitoring and the AML/CFT risk assessment, as well as incorrect information having been provided in the annual AML/CFT Questionnaires 2017-2019 with regard to the use of an automated name screening tool. In determining the amount of the administrative fine, the CSSF has duly taken into consideration the remedial actions already undertaken by the Manager in order to address the deficiencies identified, as well as those the Manager is committed to implementing.

  Document

  The publisher's document (https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn10507)

  Stated by

  ESMA Sanctions Register

  First recorded here

  12 Sept 2026

  Listing id

  10507

• In forceCommission de Surveillance du Secteur Financier (CSSF)

  UCITS

  In this state since

  12 Sept 2026

  Designated

  24 Sept 2021

  Reason given

  En date du 24 septembre 2021, la CSSF a prononcé une amende d’ordre d’un montant total de 22.800 EUR à l’encontre du gestionnaire de fonds d’investissement ShelteR Investment Management (le « Gestionnaire »), soumis aux dispositions du chapitre 15 de la loi modifiée du 17 décembre 2010 concernant les organismes de placement collectif (la « Loi de 2010 ») et autorisé en tant que gestionnaire de fonds d’investissement alternatifs conformément aux dispositions de la loi modifiée du 12 juillet 2013 relative aux gestionnaires de fonds d’investissement alternatifs. Cette amende d’ordre se compose : - d’un montant de 8.800 EUR imposé en application des dispositions de l’article 148, paragraphe 4, point e) de la Loi de 2010 et en tenant compte des dispositions de l’article 149bis de cette loi. Ce volet de l’amende d’ordre a été prononcé sur base des dispositions de l’article 148, paragraphe 2, points g), j) et k) de la Loi de 2010 ; et - d’un montant de 14.000 EUR imposé en application des dispositions de l’article 2-1, paragraphe 1, alinéa 2, et de l’article 8-4, paragraphe 3, point a), de la loi modifiée du 12 novembre 2004 relative à la lutte contre le blanchiment et contre le financement du terrorisme (la « Loi LBC/FT»). Ce volet de l’amende d’ordre a été prononcé sur base des dispositions de l’article 8-4, paragraphes 1 et 4 de la loi LBC/FT. Cette amende d’ordre fait suite à un contrôle sur place effectué par la CSSF auprès du Gestionnaire durant lequel ont été mis en évidence certains manquements ponctuels : - aux dispositions de la Loi de 2010 relatives aux exigences générales en matière de procédures et d’organisation, en matière de délégation de fonctions ainsi qu’aux exigences prudentielles ; et - aux dispositions de la Loi LBC/FT relatives aux obligations en matière de vigilance constante et d’évaluation des risques en matière de LBC/FT, ainsi que la soumission d’informations incorrectes concernant l’utilisation d’un outil automatisé en matière de name screening dans le cadre des questionnaires LBC/FT de 2017 à 2019. Afin de déterminer le montant de l’amende d’ordre, la CSSF a dûment pris en considération les actions correctrices déjà entreprises par le Gestionnaire pour pallier les déficiences constatées, ainsi que celles qu’il s’est engagé à mettre en place. [original (French)] On 24 September 2021, the CSSF has imposed an administrative fine amounting to EUR 22,800 in total on the investment fund manager ShelteR Investment Management (the “Manager”) subject to Chapter 15 of the amended Law of 17 December 2010 relating to undertakings for collective investment (the “Law of 2010”) and authorised as alternative investment fund manager according to the provisions of the amended Law of 12 July 2013 on alternative investment fund managers. The administrative fine is composed of: - an amount of EUR 8,800 imposed pursuant to Article 148(4)(e) of the amended Law of 2010, and taking into account Article 149a of the said law. This part of the administrative fine has been imposed on the basis of Article 148(2)(g), (j) and (k) of the Law of 2010; and - an amount of EUR 14,000 imposed pursuant to Article 2-1, paragraph 1, second sub-paragraph, and article 8-4(3)(a) of the amended Law of 12 November 2004 on the fight against money laundering and terrorist financing (the “AML/CFT Law”). This part of the administrative fine has been imposed on the basis of Article 8-4 (1) and (4) of the AML/CFT Law. The administrative fine is the result of an on-site inspection carried out by the CSSF to the Manager during which have been identified some isolated failures to comply with: - the provisions of the Law of 2010 relating to general requirements on procedures and organization, requirements regarding the delegation of functions and with regards to the prudential requirements; and - the provisions of the AML/CFT relating to the fight against money laundering and terrorist financing relating to the ongoing monitoring and the AML/CFT risk assessment, as well as incorrect information having been provided in the annual AML/CFT Questionnaires 2017-2019 with regard to the use of an automated name screening tool. In determining the amount of the administrative fine, the CSSF has duly taken into consideration the remedial actions already undertaken by the Manager in order to address the deficiencies identified, as well as those the Manager is committed to implementing.

  Document

  The publisher's document (https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn10507)

  Stated by

  ESMA Sanctions Register

  First recorded here

  12 Sept 2026

  Listing id

  10507

No ownership verdict was on file for this company on 24 October 2026.

As recorded by the assessment reading taken on 12 September 2026, 19:15 UTC, the newest on or before the date. Only “checked, not found” means a source was read in full and held nothing for the company.

Where the company is registered or connected

• LU: registered here

  No company register for this jurisdiction has been connected to this system, and none has been examined. No register here states who owns its companies.

• Whether each listing was in force is rebuilt from what was recorded here: when it was first read, when a source stopped or resumed carrying it, and when its published term ended. A listing in force at an authority before this system first read it is shown from that first read.
• No ownership verdict is kept for this company. Verdicts are kept for companies registered where shareholders are read here: Estonia, Latvia and Poland.

For each source behind this file, the newest read made on or before the date: the version of it that stood.

• ESMA Sanctions Register

  Read on 23 October 2026. No date from the publisher is read for this file, so its age is not known here. 845 records read.

Taken

12 September 2026, 19:15 UTC

Methodology

Version 4

Level

Medium

Score recorded

65 of 100

Digest

b3283cfd763103bcbde3da09204c732bc28bec2cA fingerprint of everything the reading says. The same reading always has this digest, and any change in it gives another.

Reading id

75d79a2a-fb66-4429-936a-86e713c2787d

Address

https://apolika.com/entities/30f3522c-9106-4df8-9ec0-126f4e661641/evidence?as_of=2026-10-24The same address gives the same day's file tomorrow. What was recorded after the date is not in it.

As data

https://apolika.com/api/entities/30f3522c-9106-4df8-9ec0-126f4e661641/evidence?as_of=2026-10-24T19%3A50%3A27.443Z

Made

24 October 2026, 19:50 UTC