BaFin - Federal Financial Supervisory Authority of Germany
BaFin - Federal Financial Supervisory Authority of Germany
03/20/2024 | Press release | Distributed by Public on 03/20/2024 07:50
Announcement MTU Aero Engines AG
Erscheinung:20.03.2024 | Topic MeasuresAnnouncement MTU Aero Engines AG
On 1 March 2024, the Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 510,000 euros on MTU Aero Engines AG.
The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). MTU Aero Engines AG failed to publish inside information without undue delay.
The company may lodge an appeal against the administrative fine order.
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