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 read

· Last updated: April 1, 2026

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Germany fines Barclays with 1.65 million eur for late voting rights disclosures
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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

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

Why was Barclays fined by German regulator BaFin?
Barclays was fined for failing to disclose changes to voting rights in a timely manner.
How much was Barclays fined for late voting rights disclosures?
Barclays was fined €1.65 million ($1.9 million) by BaFin.
How many breaches of disclosure did Barclays commit?
There were 26 breaches of voting rights disclosure between June 2022 and March 2023.
Which 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.

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