Publication of financial reports: Federal Office of Justice imposes disciplinary fine on SLEEPZ AG

On 24 November 2021, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 750,000 euros on SLEEPZ AG.

The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). SLEEPZ AG failed to submit its consolidated accounting documents for the financial year 2019 for the purpose of disclosure to the operator of the German Federal Gazette (Bundesanzeiger) in electronic form. The legal basis for the sanction is section 335 of the HGB.

The company did not lodge an appeal against the Federal Office of Justice’s decision to impose a disciplinary fine.

Source: BAFIN

Technical Analysis & Forecast 11.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news.

Murrey Math Lines 11.04.2024 (USDCHF, XAUUSD)

USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. However, divergence has formed on

Japanese Candlesticks Analysis 11.04.2024 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed a Hanging Man pattern. Currently, the instrument is going by the reversal signal in a descending wave.

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