Erscheinung:21.07.2023 | Topic Measures Publication of financial reports: Federal Office of Justice imposes disciplinary fine on zooplus SE
On 17 April 2023, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on zooplus SE.
The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). zooplus SE failed to submit its consolidated accounting documents in full for the financial year 2021 for the purpose of disclosure to the operator of the German Federal Gazette (Bundesanzeiger) in electronic form within the prescribed period. The legal basis for the sanction is section 335 of the HGB.
The company lodged an appeal against the Federal Office of Justice’s decision to impose a disciplinary fine.
