Coercive measures

BaFin may enforce orders issued under this Act by coercive measures under the provisions of the Administrative Enforcement Act. It may also apply coercive measures against legal persons under public law. An objection or appeal against the threat and imposition of coercive measures under sections 13 and 14 of the Administrative Enforcement Act has no suspensive effect. The amount of the coercive fine is, by way of derogation from section 11 of the Administrative Enforcement Act, up to EUR 500,000.