Erscheinung:28.09.2022, Stand:updated on 13.10.2022 | Topic Measures Deutsche Postbank Funding Trust I: BaFin imposes administrative fines
On 21 September 2022, BaFin imposed administrative fines totaling 37,400 euros on Deutsche Postbank Funding Trust I.
The sanction related to breaches of section 114 (1) sentence 4 and section 115 (1) sentence 4 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). Deutsche Postbank Funding Trust I failed to submit the accounting documents specified under section 114 (2) of the WpHG for the financial year 2019 and the half-yearly financial report for 2020 to the Company Register for storage within the prescribed period.
The company may lodge an appeal against the administrative fine order.
Update (13.10.2022):
The administrative fine order is final and binding.
