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LA Muza Inversiones SICAV, S.A.: BaFin Imposes Administrative Fines

Date 23/02/2021

On 22 February 2021, BaFin imposed administrative fines totalling 60,000 euros on LA Muza Inversiones SICAV, S.A.

The sanction related to breaches of section 33 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). LA Muza Inversiones SICAV, S.A. failed to submit voting rights notifications within the prescribed period.

The company may lodge an appeal against the administrative fine order.

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