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Revocation of the license of ACP SPPT AK

The CBAK Governing Board, in its meeting held on 27.11.2007, based on the UNMIK Regulation No.2006/47 and the UNMIK Regulation No. 2005/20 took the decision to revoke the license of the Supplementary Individual Pension Provider ACP SPPT AK.

The reasons for this revocation are:
- The Fund has failed to comply with the CBAK licensing criteria
- It has promoted its activities in contradiction with the CBAK Regulation and Rules

ACP SPPT AK is part of ATLANTIC CAPITAL PARTNER Group which proposes different financial and commercial services. The revocation of ACP SPPT AK license as a Supplementary Individual Pension Fund does not affect the other activities of ACP Group and does not put any money of pensioners at risk.
 

 

 


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