Tag: bafin
On 17 January 2022, BaFin prohibited Panteras Capital PLC, which states that its registered office is in Great Britain, from offering the shares of Panteras Capital PLC to the public. BaFin imposed the prohibition because the company had infringed Article 3(1) of the EU Prospectus Regulation. For this reason, Panteras Capital PLC may not offer […]
On 28 December 2021, BaFin imposed an administrative fine amounting to 8.66 million euros on Deutsche Bank AG. The sanction related to a breach of Article 16 (2) (a) of the European Benchmarks Regulation (Regulation (EU) 2016/1011). As a supervised contributor, Deutsche Bank AG at times did not have in place effective preventive systems, controls […]
On 3 December 2021 BaFin imposed an administrative fine amounting to 34.000 euros on a natural person due to a breach of section 114 (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). An appeal was lodged against the administrative fine order. Source: BAFIN
On 27 July 2021, BaFin imposed administrative fines totalling 910,000 euros on United Power Technology AG. The sanction related to breaches of section 114 (1) sentence 2 and section 115 (1) sentence 1 and sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). United Power Technology AG failed to publish an announcement, stating […]
On 6 December 2021, BaFin imposed an administrative fine amounting to 156,000 euros on Dr. Hönle AG. The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Dr. Hönle AG failed to publish inside information. The company may lodge an appeal against the administrative fine […]
On 1 December 2021, BaFin imposed an administrative fine amounting to 135,000 euros on DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen. The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen failed to publish […]
On 25 November 2021, BaFin imposed an administrative fine amounting to 130,000 euros on Vectron Systems AG. The sanction related to a breach of the third subparagraph of Article 17 (4) of the Market Abuse Regulation (MAR) in conjunction with Article 4 (3) of Commission Implementing Regulation (EU)2016/1055 and section 7 of the German Securities […]
On 22 November 2021, BaFin imposed an administrative fine amounting to 290,000 euros on The Vanguard Group, Inc. 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) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz […]
