Veritas reassures industry after being wrongly placed on bankruptcy list

Veritas has reassured savers after it was wrongly placed on a list of bankrupt companies as a result of human error, confirming that it has faced a number of inquiries following the mistake.

Whilst Veritas was initially listed in a list of bankrupt companies, it has now reassured customers and the wider industry that this was due to a mistake in connection with the registration of the information.

"Veritas was looking for a customer company in bankruptcy but by mistake Veritas' own business ID was entered into the information," Veritas acting CEO, Tommy Sandås, said.

However, the group admitted that the incorrect information had caused confusion amongst both customers and partners.

"The information has now been corrected but this has led to inquiries from several
different sources," Sandås added.

Earlier this month, Veritas published its interim results, revealing that it made a return of 5.2 per cent on its investments in the first three quarters of 2025.

Compared to the same period last year, the result is 1.5 percentage points lower.

Equity investments (8.5 per cent) performed the best during the period, followed by fixed income (2.5 per cent), real estate (2.2 per cent), and other investments (2.1 per cent).

The value of its investments exceeded €5bn for the first time.



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