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 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 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)
03-Jun-2020 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: | 1062199 |
End of Announcement | DGAP News Service |
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1062199 03-Jun-2020 CET/CEST