BaFin Fines Barclays 1.65 Million Euros for Late Disclosures
BaFin fined Barclays 1.65 million euros for late voting rights disclosures. The regulator cited 26 breaches that occurred between June 2022 and March 2023.
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The financial regulator in Germany, BaFin, has announced a fine of 1.65 million euros against the United Kingdom-based financial institution Barclays PLC. The penalty was imposed due to the bank's failure to disclose changes in voting rights within the required timeframe. According to the regulator, there were 26 such breaches identified between June 2022 and March 2023.
