Sven Giegold

Enforcement

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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