On 22 November 2022, GE BaFin fined Carne Global Fund Managers for breach.
- GE BaFin fined Carne Global Fund Managers (Luxembourg) SA €382,000 for violations of section 33 (1) sentence 1 (shareholdings reporting) of the German Securities Trading Act (WpHG).
- The fine was imposed because Carne Global Fund Managers did not submit its voting rights notifications (substantial shareholding disclosure) in good time; the company can appeal against this decision.
