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Erscheinung:13.06.2025 | Topic Measures In­noves­ti­ca Hold­ings Inc.: BaFin im­pos­es ad­min­is­tra­tive fines

On 6 June 2024, the Federal Financial Supervisory Authority (BaFin) imposed administrative fines totalling 600,000 euros on Innovestica Holdings Inc. The fines were imposed due to the company’s failure to comply with obligations under the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The company failed to submit voting rights notifications within the prescribed period.

More: Announcement …

Erscheinung:06.06.2025 | Topic Measures Don­ner & Reuschel Ak­tienge­sellschaft: BaFin im­pos­es ad­min­is­tra­tive fine

On 14 May 2025, BaFin imposed an administrative fine amounting to 110,000 euros on Donner & Reuschel Aktiengesellschaft. In 2021, the company failed to conduct the required review of the target market for a self-designed financial instrument and thus violated its obligations under the German Securities Trading Act (WertpapierhandelsgesetzWpHG).

More: Announcement regarding Donner & Reuschel Aktiengesellschaft …

Warnings and notes for consumers

Erscheinung:16.06.2025 | Topic Unauthorised business, Consumer protection In­staWirbel: BaFin warns con­sumers about the web­sites in­stawirbel.de and in­stawirbel.com

The Federal Financial Supervisory Authority (BaFin) warns consumers about the company InstaWirbel and the services it is offering. BaFin suspects the unknown operators of the websites instawirbel.de and instawirbel.com of offering consumers financial, investment and crypto-asset services without the required authorisation.

More: InstaWirbel: BaFin warns consumers about the websites instawirbel.de and instawirbel.com …

Erscheinung:16.06.2025 | Topic Unauthorised business, Consumer protection Anexo app: Zukun­fts­Fi­nanz Stiftung sends fake BaFin let­ter

An alleged letter from BaFin is currently being sent via WhatsApp, in which payments in connection with an Initial Exchange Offering (IEO) via the Anexo-Ex trading platform are being demanded. This letter does not originate from BaFin, it is a forgery.

More: Anexo app: ZukunftsFinanz Stiftung sends fake BaFin letter …