Erscheinung:27.05.2025 | Topic Measures Announcement
On 14 May 2025, the Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 1,750,000 euros on SAP SE.
The sanction related to a breach of section 114 (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). SAP SE failed to publish an announcement stating the date and the website on which the accounting documents listed in section 114 (2) of the WpHG for the financial year 2022 were made publicly available in addition to their availability in the Company Register (Unternehmensregister).
The company may lodge an appeal against the administrative fine order.
