All BaFin articles – Page 2

  • Wirecard

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


    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

    Embattled Wirecard appoints new CCO


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

  • Blog

    Deutsche Bank latest to come under fire for lax AML controls


    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’


    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 ...