Fulcrum Management Limited

A warning was issued to Fulcrum Management Limited for its contraventions of section 19(2)(a) of the Regulatory Code, 2009 by failing to have at least two directors with effect from 31st March 2011, the date on which the Regulatory Code became applicable to the Licensee; section 19(7)(a) of the Regulatory Code, 2009 by not immediately notifying the Commission that it had only one director; and section 19(7)(b) of the Regulatory Code, 2009 by failing to submit an application for approval to appoint a director with effect from 31st March 2011, the date on which the Regulatory Code became applicable.