On 6 May 2020, BaFin issued an update announcing mandatory electronic filing of major holdings will be effective in July 2020. In March 2020, BaFin informed of an upcoming amendment to the regulation on the notification of major shareholdings (Stimmrechtsmitteilungsverordnung – StimmRMV) according which the electronic submission will be the only permitted method of submitting…
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Sweden – FI Fredell Substantial Shareholding Fine
On 12 August 2019, SWE FI fined Fredell for late notification of holdings. Fredell & Co Aktiebolag must pay a penalty fee of SEK 260,000 for having reported too late that the holding of shares in Invuo Technologies had fallen below a flagging limit. Invuo Technologies AB shares were trading on Nasdaq Stockholm until 8…
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