Wednesday January 10 2018
News Source: Global Disclosures
Focus: Major Shareholdings
Type: General
Country: Germany
BaFin have published the WpHG Penalty Guidelines II. The Guidelines update the previous 2017 Guidelines setting out the fines under the German Securities Trading Act (WpHG). The Guidelines contain information on the determination of the relevant amount for the fines, including, the scope of WpHG section 120(17), (18) and (24).
Additionally, the Guidelines contain information on the scope of section 17 OWiG and how the calculations of the basic amount are determined and how the basic amount can be adjusted.
Click here for WpHG Penalty Guidelines II.
Click on the link above for further information.