All BaFin articles

  • Wirecard
    Article

    Wirecard scandal will have cascading impact on Germany’s audit, regulatory landscape

    2020-07-07T15:30:00Z

    Wirecard already is shaping up to be to Germany what Enron was to the United States: An accounting oversight failure so epic in its scope and scale that its aftermath is likely to forever alter the country’s auditing and accounting profession as it exists today.

  • Investigate
    Article

    Embattled Wirecard appoints new CCO

    2020-05-11T18:11:00Z

    Under investigation for suspected market manipulation, Wirecard has named James Freis as its new chief compliance officer amid several organizational changes.

  • Blog post

    Deutsche Bank latest to come under fire for lax AML controls

    2018-09-24T11:45:00Z

    Deutsche Bank has become the fourth bank in the past month to get into regulatory trouble for having lax anti-money laundering controls in place, joining Danske Bank, ING, and Credit Suisse.

  • Article

    Getting a Better Read on ‘Conduct Risk’

    2015-09-15T11:30:00Z

    Image: “Conduct risk” is a phrase uttered by many regulators these days and a menace compliance officers in banking circles worry about more and more. Still, putting a precise definition on it isn’t easy. “Conduct risk frequently demands that a firm address the widest range of policies, processes … and ...