DGAP-Adhoc: BaFin revokes licence under section 32(1) of the KWG for banking transactions and financial services
DGAP-Ad-hoc: vPE WertpapierhandelsBank AG / Key word(s): Regulatory Approval/Regulatory Approval
BaFin revokes licence under section 32(1) of the KWG for banking transactions and financial services
03-Jun-2020 / 18:38 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Munich, 03 June 2020
Publication of inside information pursuant to Article 17 MAR
BaFin revokes licence under section 32(1) of the KWG for banking transactions and financial services
The Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin") issued an official notice to vPE WertpapierhandelsBank AG ("vPE") on May 29, 2020 pursuant to § 32 KWG or which was issued pursuant to §§ 64i para. 1 sentence 1, 64 j para. 1 and 64l para. 1 sentence 1 of the German Banking Act (Kreditwesengesetz - KWG), or the license deemed to have been granted to it in accordance with sections 64i (1) sentence 1, 64 j (1) and 64l (1) sentence 1 of the KWG, to provide financial commission business, investment brokerage, investment advice, placement business, acquisition brokerage, financial portfolio management, third-country deposit brokerage, factoring, finance leasing, and investment management.
vPE intends to lodge an appeal against the notice of termination and to take legal action in order to be allowed to resume banking transactions and financial services at short notice.
Contact information:
vPE WertpapierhandelsBank AG / Mr. Wolfgang Huber
Maximiliansplatz 17
80333 München
Tel: +49 (0)89 296 491
Fax: +49 (0)89 225 060
Email: huber@vpeag.de
Company:
vPE WertpapierhandelsBank AG, Maximiliansplatz 17, 80333 Munich, Germany, Phone: 089/296491, Fax: 089/225060, E-Mail: le@vpeag.de, Internet: www.vpeag.com
ISIN: DE0006911605, WKN: 691160, Börsen: Open Market in Frankfurt (Basic Board), Munich (m:access)
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