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selbstständig festgesetzt

English translation: independently assessed / imposed

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:selbstständig festgesetzt
English translation:independently assessed / imposed
Entered by: algy
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19:51 Aug 2, 2006
German to English translations [PRO]
Law/Patents - Law (general) / Fine imposed under OWiG
German term or phrase: selbstständig festgesetzt
Gegen die XXX plc, vertreten durch xxx, wird nach § 30 Abs. 1 Nr. 1, Abs. 4 des Gesetzes über Ordnungswidrigkeiten (OWiG) wegen einer fahrlässigen Aufsichtspflichtverletzung -Ordnungswidrigkeit nach §§ 130 Abs. 1 OWiG, 39 Abs. 2 Nr. 7, Abs. 4 WpHG- eine Geldbuße in Höhe von ....... selbstständig festgesetzt.

I'm not clear on the reason for "selbstständig" here. Does it mean independent of other action? Independently of another body? The fine has been imposed by BaFin, the German Financial Services Authority.
algy
United Kingdom
Local time: 20:23
(to) assess independently
Explanation:
..., i.e. independently of other sanctions (not necessarily of other agencies). I'm not entirely sure about the terminology, but here is a short explanation:

Section 30 subsection 4 of the German Regulatory Offenses Act (Ordnungswidrigkeitsgesetz - OWiG) reads, for example, as follows: "Wird wegen der Straftat oder Ordnungswidrigkeit ein Straf- oder Bußgeldverfahren nicht eingeleitet oder wird es eingestellt oder wird von Strafe abgesehen, so kann die Geldbuße selbstständig festgesetzt werden." (see http://www.juraforum.de/gesetze/OWiG/30/30_OWiG_geldbue_gege... ).

So basically, even if the criminal investigation is not initiated or is suspended, they can still assess a fine.

HTH :-)
Selected response from:

Derek Gill Franßen
Germany
Local time: 21:23
Grading comment
Thanks for your help, Derek - some well-deserved points!
4 KudoZ points were awarded for this answer

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Summary of answers provided
2 +2(to) assess independently
Derek Gill Franßen


  

Answers


43 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +2
selbstständig festsetzen
(to) assess independently


Explanation:
..., i.e. independently of other sanctions (not necessarily of other agencies). I'm not entirely sure about the terminology, but here is a short explanation:

Section 30 subsection 4 of the German Regulatory Offenses Act (Ordnungswidrigkeitsgesetz - OWiG) reads, for example, as follows: "Wird wegen der Straftat oder Ordnungswidrigkeit ein Straf- oder Bußgeldverfahren nicht eingeleitet oder wird es eingestellt oder wird von Strafe abgesehen, so kann die Geldbuße selbstständig festgesetzt werden." (see http://www.juraforum.de/gesetze/OWiG/30/30_OWiG_geldbue_gege... ).

So basically, even if the criminal investigation is not initiated or is suspended, they can still assess a fine.

HTH :-)

Derek Gill Franßen
Germany
Local time: 21:23
Specializes in field
Native speaker of: English
PRO pts in category: 728
Grading comment
Thanks for your help, Derek - some well-deserved points!

Peer comments on this answer (and responses from the answerer)
agree  HarryHedgehog: or perhaps "impose"
11 mins
  -> Yes, "impose" would work too (perhaps even better) - it was pretty late and I was actually translating something else (i.e. not really concentrating). ;-) Thank you, Harry! :-)

agree  John Anderson
11 hrs
  -> Thank you, John. :-)
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