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BaFin imposes fine of €11.3m on Steinhoff

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Published in issue 30/2022
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On 4 July 2022, the German Federal Financial Supervisory Authority (BaFin), Bonn and Frankfurt am Main, imposed a fine of €11.290m on Steinhoff International Holdings N.V., Amsterdam. BaFin based its decision on Steinhoff’s violations of the German Securities Trading Act (WpHG) and the German Administrative Offences...

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