German minister demands regulatory rethink after Wirecard collapse

German minister demands regulatory rethink after Wirecard collapse

4 years ago
Anonymous $GRbK1oXs9y

https://www.reuters.com/article/us-wirecard-accounts-scholz/german-minister-demands-regulatory-rethink-after-wirecard-collapse-idUSKBN23W346

German Finance Minister Olaf Scholz described as a scandal the collapse of Wirecard after the payments company disclosed a hole in its books that left it owing creditors almost $4 billion, adding it was a wake-up call for supervision.

German minister demands regulatory rethink after Wirecard collapse

Jun 25, 2020, 7:59pm UTC
https://www.reuters.com/article/us-wirecard-accounts-scholz/german-minister-demands-regulatory-rethink-after-wirecard-collapse-idUSKBN23W346 >German Finance Minister Olaf Scholz described as a scandal the collapse of Wirecard after the payments company disclosed a hole in its books that left it owing creditors almost $4 billion, adding it was a wake-up call for supervision.