Finance
Germany Fines Barclays With 1.65 Million Eur for Late Voting Rights Disclosures
Published by Global Banking & Finance Review®
Posted on March 27, 2026
1 min readLast updated: March 27, 2026
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Germany’s financial regulator BaFin fined Barclays €1.65 million for 26 failures to timely disclose voting rights changes between June 2022 and March 2023, under obligations to notify within four trading days when thresholds are crossed.
Barclays Fined €1.65 Million by German BaFin for Late Voting Rights Disclosure
BaFin Imposes Fine on Barclays for Disclosure Failures
FRANKFURT, March 27 (Reuters) - German regulator BaFin said on Friday that it has imposed a fine of 1.65 million euros ($1.9 million) on British bank Barclays for failing to disclose changes to voting rights in an unnamed company on time.
Details of the Breaches
There were 26 such breaches between June 2022 and March 2023, the financial regulator said in a statement. It declined to name the company in which the shares were traded.
Currency Conversion
($1 = 0.8675 euros)
Reporting Credits
(Reporting by Ludwig Burger, editing by Thomas Seythal)
Key Takeaways
- •BaFin enforcement emphasizes strict transparency: Barclays breached WpHG voting rights notification rules by missing timely disclosure 26 times, triggering a multi‑million‑euro sanction.
- •Under the German Securities Trading Act (WpHG), firms must notify both the issuer and BaFin within four trading days once voting thresholds—such as 3%, 5%, 10%, etc.—are crossed (basf.com).
- •BaFin retains authority to impose fines up to €10 million or 5% of annual turnover for legal entities for such breaches (fundapps.co).
References
Frequently Asked Questions about Germany fines Barclays with 1.65 million eur for late voting rights disclosures
1Why was Barclays fined by German regulator BaFin?
Barclays was fined for failing to disclose changes to voting rights in a timely manner.
2How much was Barclays fined for late voting rights disclosures?
Barclays was fined €1.65 million ($1.9 million) by BaFin.
3How many breaches of disclosure did Barclays commit?
There were 26 breaches of voting rights disclosure between June 2022 and March 2023.
4Which company's shares were involved in the voting rights breaches?
BaFin did not disclose the name of the company involved in the voting rights breaches.
