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by raesene9
2183 days ago
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Whilst I wouldn't put it that way , it does seem like the German financial regulators and investment industry have something to learn from the Wirecard problem. When the FT and others started raising concerns about Wirecard's finances, BaFin took what I believe was an unprecedented step and sued the FT. A better approach might have been to launch an earlier investigation into whether the allegations had any substance to them. There also need to be lessons learned from an audit perspective. EY signed off on previous years accounts which now appear that they might have had issues... |
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