BaFin

Topic Measures Publication of measures

Measures BaFin imposes on undertakings subject to supervision under the Insurance Supervision Act (Versicherungsaufsichtsgesetz – VAG) and their senior management

BaFin publishes on its website certain measures and administrative fine decisions imposed on undertakings subject to supervision under the VAG or their senior management. The basis for publication is section 319 (1) of the VAG.

The publication of sanctions including administrative fine decisions aims to generally help prevent breaches by informing the public and market participants what behaviour is considered a breach by BaFin.

Publication of measures and administrative fine decisions on an anonymous basis

Subject to certain conditions stipulated in section 319 (2) sentence 1 numbers 2-3 of the VAG, BaFin publishes measures and administrative fine decisions on an anonymous basis. This applies, for example, if publication would cause disproportionate damage to the undertaking involved.

updated on 01.01.2016

Did you find this article helpful?

We appreciate your feedback

* Mandatory field

Publications on this topic

Elek­trische Licht- und Kraftan­la­gen Ak­tienge­sellschaft: BaFin im­pos­es ad­min­is­tra­tive fine

On 6 February 2018, BaFin imposed an administrative fine amounting to 70,000 euros against Elektrische Licht- und Kraftanlagen Aktiengesellschaft.

BaFin im­pos­es ad­min­is­tra­tive fine

BaFin imposed an administrative fine amounting to 10,000 euros against an individual in a management position of a domestic issuer relating to a breach of section 26a (1) sentence 1 of the German Securities Trading Act (WertpapierhandelsgesetzWpHG) (old version).

WpHG Ad­min­is­tra­tive Fine Guide­line II - new num­ber­ing of Jan­uary 2018

Guidelines on the Imposition of Administrative Fines for Offences relating to the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG) - updated to reflect the new numbering of January 2018

Maier + Part­ner Ak­tienge­sellschaft: BaFin threat­ens co­er­cive fines

On 15 January 2018 BaFin ordered Maier + Partner Aktiengesellschaft to comply with the financial reporting requirements pursuant to sections 37v et seq. (new: sections 114 et seq.) of the Securities Trading Act (WertpapierhandelsgesetzWpHG) and threatened coercive fines in the amount of EUR 282,500.

Beate Uhse Ak­tienge­sellschaft: BaFin im­pos­es co­er­cive fines

On 11 January 2018 BaFin imposed coercive fines in the amount of EUR 220,000 on Beate Uhse Aktiengesellschaft.

All documents