Germany – BaFin Security Trading Violations

Germany – BaFin Security Trading Violations

On 26 October 2020, GE BaFin fined ROY Asset Holding 70,000 euros.

  • BaFiN fined ROY Asset Holding SE €70,000 for security trading violations on 28 September 2020.
  • ROY Asset Holding SE had failed to publish its total number of voting rights on time.
  • BaFin ruled the firm violated section 26a(1) of German Securities Trading Act (WpHG).
  • ROY Asset Holding SE appealed the fine against the firm for security trading violations.