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Danish FSA slaps ATP for insufficient risk management of illiquid credit investments

According to the Danish Financial Supervisory Authority, ATP's risk management of illiquid credit investments leaves room for improvement.

Photo: Lars Krabbe/IND

The Danish Financial Supervisory Authority has prioritized life insurance and pension funds' illiquid credit investments for some time now.

On previous occasions, this has resulted in several injunctions for Danish pension and insurance firms such as Velliv and Lægernes Pension.

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