Erscheinung:19.12.2019, Stand:updated on 15.01.2020 | Topic Measures IKB Funding Trust I: BaFin threatens to impose coercive fines
BaFin issued a notice on 3 December 2019 ordering IKB Funding Trust I to comply with the financial reporting requirements under sections 114 et seq. of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and threatening to impose coercive fines in the amount of EUR 460,000.
IKB Funding Trust I contravened the requirements under section 114 (1) of the WpHG with respect to the annual financial report for the financial year 2018/19.
The notice is immediately enforceable but not yet final and binding.
Update (15.01.2020):
The notice is final and binding.
