The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG, the collapsed...
Lawmakers are urging German Chancellor Angela Merkel to release transcripts of conversations between Deputy Finance Minister Jörg Kukies and former Wirecard CEO Markus Braun, as...
The president of the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, said the $2.1 billion accounting scandal at the center of Wirecard AG’s insolvency was a...
In today’s top news, the CEOs of the four biggest tech companies will testify before Congress over antitrust issues, and Venmo introduced business payments for...
As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). A...
The president of Germany’s financial watchdog agency defended its actions in the Wirecard AG case where $1.2 billion in deposits went missing. Felix Hufeld, head...
Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but...
As the fallout from Wirecard’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial...
The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the...