On 26 Mai 2021, BaFin imposed an administrative fine amounting to 260,000 euros on Invesco Ltd..
The sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 33 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). Invesco Ltd. failed to submit voting rights notifications within the prescribed period.
The company may lodge an appeal against the administrative fine order.
Additional information
| Invesco Ltd.: BaFin imposes administrative fine |
