Sven Giegold
Member of the European Parliament – Greens/EFA Group

Speaker of the German Green Delegation

Bafin

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 […]

European Parliament calls for tough examination of the Wirecard scandal and the failure of German supervisor BaFin

The Legal Affairs Committee and the Economic and Monetary Affairs Committee of the European Parliament have sent a joint letter to the EU Commission on Wirecard and European auditing rules. The letter was prepared by the coordinators of both committees. The EU-Commission is asked to closely examine the events surrounding the Wirecard bankruptcy, assess the […]