Publication of measures and sanctions for breaches of transparency obligations

(1) The Bundesanstalt announces, on its website without delay, decisions on measures and sanctions issued on account of breaches of prohibitions or requirements under Parts 6, 7 and 16, Chapter 2, of this Act, or notified to the Bundesanstalt under section 335(1d) of the Commercial Code.
(2) In the announcement the Bundesanstalt names the provision that was breached and the natural or legal person or association of persons responsible for the breach. For decisions that are not final or not legally binding, it adds an indication that the decision is not yet final or not legally binding. The Bundesanstalt supplements the announcement without delay with an indication of the lodging of a legal remedy against the measure or sanction, and of the outcome of the remedy proceedings.
(3) The Bundesanstalt announces the decision without naming personal data, or defers the announcement of the decision, where
1. announcing the personal data would be disproportionate,
2. the announcement would seriously endanger the stability of the financial system,
3. the announcement would seriously endanger an ongoing investigation, or
4. the announcement would cause disproportionate damage to the parties involved.
(4) An announcement under subsection (1) must be deleted five years after its publication. By way of derogation from the first sentence, personal data must be deleted as soon as their announcement is no longer necessary.