BaFin

Topic Measures Maier + Partner Aktiengesellschaft: BaFin imposes administrative fine

Date: 07.01.2019

On 5 December 2018, BaFin imposed administrative fines amounting to 75,000 euros against Maier + Partner Aktiengesellschaft.

The administrative fine order related to the following breaches by Maier + Partner Aktiengesellschaft:

In contravention of section 115 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG), Maier + Partner Aktiengesellschaft had failed to make its half-yearly financial reports for the financial years 2016 and 2017 publicly available.

In contravention of section 115 (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG), Maier + Partner Aktiengesellschaft had failed to publish an announcement stating the date and the website on which the half-yearly financial report for the financial year 2017 was made publicly available in addition to its availability in the company register.

In contravention of section 37v (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) old version (o.v.), Maier + Partner Aktiengesellschaft had failed to publish, within the prescribed period, announcements stating the date and the website on which the accounting documents listed in section 37v (2) of the WpHG (o.v.) for the financial years 2015 and 2016 were made publicly available in addition to their availability in the company register.

In contravention of section 37w (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) old version (o.v.), Maier + Partner Aktiengesellschaft had failed to publish, within the prescribed period, an announcement stating the date and the website on which the half-yearly financial report for the financial year 2016 was made publicly available in addition to its availability in the company register.

The administrative fine order is final and conclusive.

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