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Briefings

Briefings

BaFin aligns WpHG "Acting in Concert" attribution of voting rights with EU Law following CJEU Ruling

24 March 2026

BaFin has reacted to the CJEU judgment of 12 February 2026 (Case C 864/24) on the interpretation of "acting in concert" under the EU Transparency Directive by clarifying its future supervisory practice under German law.

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