DGAP-Adhoc: BaFin intends to revoke authorisation pursuant to section 32 para. 1 KWG (Banking Act) for banking transactions and financial services
DGAP-Ad-hoc: vPE WertpapierhandelsBank AG / Key word(s): Regulatory Approval/Regulatory Approval Munich, 17 December 2019 Publication of inside information pursuant to Article 17 MAR BaFin intends to revoke authorisation pursuant to section 32 para. 1 KWG (Banking Act) for banking transactions and financial services
The Bundesanstalt für Finanzdienstleistungsaufsicht (Federal Financial Supervisory Authority) informed the vPE WertpapierhandelsBank AG ("vPE") in a letter dated 13 December 2019 as part of a hearing procedure pursuant to section 28 VwVfG that it intends to revoke vPE's authorisation pursuant to section 32 of the KWG or pursuant to sections 64i para. 1 sentence 1, 64 j para. 1 und 64l para. 1 sentence 1 KWG to provide the financial commission business, investment brokerage, investment advice, placement business, contract brokerage, financial portfolio management, third country deposit brokerage, factoring, financial leasing, investment management. vPE intends to comment on the intended decision within the period granted by the BaFin (24 January 2020) and to take measures to avoid the revocation of the authorisation. Contact information: vPE WertpapierhandelsBank AG / Mr. Wolfgang Huber Email: [email protected] Company: vPE WertpapierhandelsBank AG, Maximiliansplatz 17, 80333 Munich, Germany, Phone: 089/296491, Fax: 089/225060, E-Mail: [email protected], Internet: www.vpeag.com ISIN: DE0006911605, WKN: 691160, Börsen: Open Market in Frankfurt (Basic Board), Munich (m:access)
17-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | vPE WertpapierhandelsBank AG |
Maximiliansplatz 17 | |
80333 München | |
Germany | |
Phone: | 089/296491 |
Fax: | 089/225060 |
E-mail: | [email protected] |
Internet: | www.vpeag.com |
ISIN: | DE0006911605 |
WKN: | 691160 |
Listed: | Regulated Unofficial Market in Frankfurt (Basic Board), Munich (m:access) |
EQS News ID: | 937831 |
End of Announcement | DGAP News Service |
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937831 17-Dec-2019 CET/CEST