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Wednesday, June 24, 2020

Wirecard scandal puts spotlight on German company regulation


FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of fraud, led to questions about the country’s ability to oversee its corporate titans. Some 1.9 billion euros ($2.1 billion) vanished from payment systems provider […]

source https://www.seattletimes.com/business/wirecard-scandal-puts-spotlight-on-german-company-regulation/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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