Germany – BaFin Fines for Late Voting Rights Disclosure
On 27 January 2021, GE BaFin fined CPI €685k for voting rights disclosures. BaFin announced CPI Property Group SA €685,000 fine, imposed Jan. 19, 2021. Violated sec. 26a (1) sentence 1, German Securities Trading Act (WpHG) old version. Company did not publish the total number of voting rights within the required time.
