Germany

Germany Asks For Interpol Help To Find Ex-Wirecard COO
Germany Asks For Interpol Help To Find Ex-Wirecard COO
July 30, 2020  |  Security & Fraud

Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) reported. Get the Full Story Complete...

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German Finance, Economy Ministers Questioned Over Wirecard Collapse
German Finance, Economy Ministers Questioned Over Wirecard Collapse
July 29, 2020  |  Security & Fraud

German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier faced hours of questioning by Parliament Wednesday (July 29) over allegations they failed to prevent...

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German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
July 27, 2020  |  Security & Fraud

For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. Get the Full...

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German Finance Ministry Toughens Rules In The Wake Of Wirecard
German Finance Ministry Toughens Rules In The Wake Of Wirecard
July 24, 2020  |  Security & Fraud

Germany has taken action to update its rules in the wake of the Wirecard AG scandal as complaints mount that regulators failed to police the...

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BaFin Downplayed Wirecard Complaints, Report Says
BaFin Downplayed Wirecard Complaints, Report Says
July 16, 2020  |  Security & Fraud

German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed...

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Germany’s BaFin Deepens Investigation Into Potential Wirecard Insider Trading
Germany’s BaFin Deepens Investigation Into Potential Wirecard Insider Trading
July 15, 2020  |  Security & Fraud

BaFin is broadening its probe regarding potential insider Wirecard stock trading to encompass all those who served on the supervisory and management boards of the payment firm...

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EU To Examine German Regulators’ Oversight Of Wirecard
EU To Examine German Regulators’ Oversight Of Wirecard
July 15, 2020  |  Regulation

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...

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Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips 16 Pct In China
Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips...
July 13, 2020  |  News

In today’s top news, the OCC says bank regulation waivers will not continue indefinitely, and smartphone sales have dropped 16 percent in China. Plus, 80...

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Wirecard Probe Pushes German Government To Release Talks With CEO
Wirecard Probe Pushes German Government To Release Talks With CEO
July 12, 2020  |  Security & Fraud

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...

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