Tag: bafin
On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on Singulus Technologies AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). Singulus Technologies AG failed to submit its accounting documents for […]
On 13 May 2022, BaFin imposed an administrative fine amounting to 105,000 euros on Endor AG. The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Endor AG failed to publish inside information without undue delay. The company may lodge an appeal against the administrative […]
On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 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 accounting documents for the financial […]
On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 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 […]
On 27 April 2022, BaFin imposed an administrative fine amounting to 115,000 euros on Drägerwerk AG & Co. KGaA. The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Drägerwerk AG & Co. KGaA failed to publish inside information without undue delay. The company may […]
Annotated text of the Minimum Requirements for Risk Management (MaRisk) in the version of 16.08.2021 Download: MaRisk (englische Version) (PDF, 2MB, File does not meet accessibility standards.) Source: BAFIN
On 12 April 2022, BaFin imposed an administrative fine amounting to 11,000 euros on a natural person due to a breach of Article 19(1) of the Market Abuse Regulation (MAR). An appeal may be lodged against the administrative fine order. Update (12.05.2022): The administrative fine order is final and binding. Source: BAFIN
Pursuant to section 10e (1) of the KWG, a capital buffer for systemic risks in the amount of two percent is ordered for residential real estate financing. This translation is furnished for information purposes only. The original German text is binding in all respects. The Federal Financial Supervisory Authority is enacting the following General Administrative […]
On 31 March 2022, BaFin imposed an administrative fine amounting to 165,000 euros on Wellington Management Group LLP. The sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 33 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). […]
In a notice dated 08. April 2022, BaFin prohibited the mandatory offer made by Astutia Venture Capital AG, Walzenhausen, Switzerland, to the shareholders of ECHOS Holding AG, Frankfurt am Main, as announced in the German Federal Gazette (Bundesanzeiger) on 23. February 2022. This action was taken on the basis of section 15 (1) of the […]
