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Erscheinung:27.05.2025 | Topic Measures SAP SE: BaFin im­pos­es ad­min­is­tra­tive fine

On 14 May 2025, the Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 1,750,000 euros on SAP SE. The fine was imposed because the company had contravened obligations under the German Securities Trading Act (WertpapierhandelsgesetzWpHG). SAP SE had failed to publish an announcement stating the date from which and the website on which the annual financial report for the financial year 2022 was made publicly available. The company also failed to publish an announcement stating the date from which and the website on which the half-yearly financial report for the financial year 2022 was made publicly available.

More: Announcement …

Erscheinung:15.05.2025 | Topic Measures ECHOS Hold­ing AG: BaFin im­pos­es ad­min­is­tra­tive fines

On 18 March 2025, the Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 10,000 euros on ECHOS Holding AG. The fine was imposed because the company had contravened obligations under the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). ECHOS Holding AG had failed to publish an announcement about the date from which and the website where its 2023 annual financial report was made publicly available.

More: Announcement …

Warnings and notes for consumers

Erscheinung:30.05.2025 | Topic Unauthorised business, Consumer protection BaFin warns con­sumers about web­site falkring-in­vest.com

The Federal Financial Supervisory Authority (BaFin) warns consumers about the website falkring-invest.com. BaFin suspects the unknown operators of the website of offering consumers financial, investment and cryptoasset services without the required authorisation.

More: BaFin warns consumers about website falkring-invest.com …

Erscheinung:30.05.2025 | Topic Unauthorised business, Consumer protection Iden­ti­ty theft: BaFin warns against in­vest­ment of­fers from the e-mail ad­dress in­fo [at] wal­ter­lud­wig-gmbh.com

The Federal Financial Supervisory Authority BaFin warns consumers against alleged investment offers, in particular bonds, which are sent from the e-mail address info [at] walterludwig-gmbh.com. The offers do not originate from Walter Ludwig GmbH Wertpapierhandelsbank, which is also not connected to the website walterludwig-gmbh.com. This is a case of identity theft by unknown perpetrators. Walter Ludwig GmbH Wertpapierhandelsbank does not provide any investment services to private clients.

More: Identity theft: BaFin warns against investment offers from the e-mail address info [at] walterludwig-gmbh.com …