Aggregated News From Investment Management Regulators

Publication of financial reports: Federal Office of Justice imposes disciplinary fine against United Power Technology AG

Report/Flag

Please complete the required fields.



On 31 January 2020, the Federal Office of Justice (Bundesamt für JustizBfJ) imposed a further disciplinary fine amounting to 750,000 euros against United Power Technology AG.

The disciplinary fine order related to a breach of section 325 of the German Commercial Code (HandelsgesetzbuchHGB). United Power Technology AG had failed to submit its consolidated accounting documents for the financial year 2017 for the purpose of disclosure to the operator of the German Federal Gazette (Bundesanzeiger) in electronic form. The legal basis for the sanction is section 335 of the HGB.

The company lodged no complaint against the disciplinary fine order.

Regulator Information

Recent Articles

Listen to Kathrin Moules, Deputy Head of the CSSF’s Supervision of Information Systems and Support PFS department, speak about the challenges addressed by Circular...

https://soundcloud.com/cssf/circular-cssf-21769-on-telework CSSF · Circular CSSF 21/769 on telework This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For...

Blumanstock Limited

  Attention! The FMA warns investors against concluding transactions with: Blumanstock Limited with its registered address apparently at Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 www.blumanstock.com [email protected] This provider is...

The FMA warns about fraudsters passing themselves off as FMA employees

The Austrian Financial Market Authority (FMA) warns about fraudsters who pretend to be FMA employees. They contact people via e-mail or over the telephone,...

Get the latest from Regulatory.News in your inbox!

×