Germany

Germany’s Trading Exchange Manager Seeks To Call Out Rule-Breaking Companies
Germany’s Trading Exchange Manager Seeks To Call Out Rule-Breaking Companies
September 02, 2020  |  Cybersecurity

Deutsche Boerse, Germany’s exchange manager for trading shares and other securities, is seeking Parliament’s approval to “name and shame” companies in the wake of the Wirecard AG scandal,...

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Apple’s Regulatory Woes Mount With German Antitrust Chief’s Scrutiny
Apple’s Regulatory Woes Mount With German Antitrust Chief’s Scrutiny
September 02, 2020  |  ANTITRUST

Apple’s clash with Fortnite developer Epic Games is now drawing unwanted scrutiny by German regulators involving a key part of the tech giant’s business, its...

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Germany’s Financial Regulator Exec Won’t Resign Over Wirecard Scandal
Germany’s Financial Regulator Exec Won’t Resign Over Wirecard Scandal
September 02, 2020  |  Cybersecurity

Despite calls for his resignation in the wake of the Wirecard AG scandal, the president of the German Federal Financial Supervisory Authority (BaFin) has refused to...

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Germany’s Parliament Announces Plans To Investigate Wirecard 
Germany’s Parliament Announces Plans To Investigate Wirecard 
September 01, 2020  |  Cybersecurity

As the criminal investigation into the collapse of Wirecard AG continues, the Bundestag (Germany’s Parliament) is planning to hold an inquiry into the payment company....

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Wirecard To Slash Hundreds of Jobs
Wirecard To Slash Hundreds of Jobs
August 25, 2020  |  Personnel

Until now, the Wirecard AG scandal that crippled the German payment company has had little impact on its 1,500 employees worldwide – but that’s about...

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India
Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate...
August 24, 2020  |  Legal & Regulation

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations...

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Delivery Hero To Replace Wirecard On Germany’s DAX Index
Delivery Hero To Replace Wirecard On Germany’s DAX Index
August 19, 2020  |  Cross-border Payments

Germany’s blue-chip DAX index will be replacing Wirecard, the disgraced payments company, with a new listing for Berlin’s Delivery Hero, the Financial Times (FT) reported....

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Germany Launches Investigation Into Amazon
Germany Launches Investigation Into Amazon
August 17, 2020  |  Retail

Amazon is facing an investigation by Germany’s national competition regulator over the eCommerce giant’s relationship with third-party sellers, Reuters reports. “We are investigating whether and...

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In Germany, Cold Hard Cash Still the Way to Pay
In Germany, Cold Hard Cash Still the Way to Pay
August 12, 2020  |  Cash

Amid the great digital shift, there are still pockets of commerce — and even entire countries — where cash is king. As detailed by NPR, though at...

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