Sven Giegold

Auditor

ESMA report on Wirecard reveals deficits at BaFin

Today, 3 November 2020, the European Securities Markets Authority (ESMA) presented its long-awaited report on the role of the German financial supervisor BaFin and the German Financial Reporting Enforcement Panel (FREP) in the Wirecard accounting scandal. In Germany, BaFin and FREP are jointly responsible for the enforcement of financial reporting. ESMA publishes guidelines aimed at […]

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Liberals and Greens call for comprehensive reform of EU audit rules

Dear friends, dear interested,   In the face of the massive accounting scandal unfolding at German payments service provider Wirecard, Luis Garicano and I as liberal and green coordinators in the ECON committee have published a joint appeal for a reform of the EU rules on statutory audits. Please, see below for our joint statement. […]

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