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 (Wertpapierhandelsgesetz – WpHG). 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.