Erscheinung:22.11.2022, Stand:updated on 08.12.2022 | Topic Measures Carne Global Fund Managers (Luxembourg) S.A.: BaFin imposes administrative fines
On 7 November 2022, BaFin imposed administrative fines totalling 382,000 euros on Carne Global Fund Managers (Luxembourg) S.A.
The sanction related to breaches of section 33 paragraph 1 sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). Carne Global Fund Managers (Luxembourg) S.A. failed to submit voting rights notifications within the prescribed period.
The company may lodge an appeal against the administrative fine order.
Update (08.12.2022):
The administrative fine order is final and binding.