BaFin - Navigation & Service

Erscheinung:28.12.2022, Stand:updated on 09.01.2023 | Topic Measures Aberdeen Corporate Services Limited: BaFin imposes administrative fines

On 19 December 2022, BaFin imposed administrative fines totaling 1,460,000 euros on Aberdeen Corporate Services Limited.

The sanction related to breaches of section 33 (1) sentence 1 of the German Securities Trading Act (WertpapierhandelsgesetzWpHG). Aberdeen Corporate Services Limited failed to submit voting rights notifications within the prescribed period.

The company may lodge an appeal against the administrative fine order.

Update (09.01.2023):

The administrative fine order is final and binding.

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