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BaFin to impose penalty payment against Steinhoff

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Published in issue 13/2018
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On 08 March 2018, the German Federal Financial Supervisory Authority (BaFin) in Bonn threatened Steinhoff International Holdings N.V. (Amsterdam) with a penalty payment to the amount of €1.15m. The authority instigated action because the group failed to fulfil its financial reporting obligations. According to the ...

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