German finance minister calls for regulatory reforms following Wirecard problems.

BANKING AND CREDIT NEWS-June 24, 2020--German finance minister calls for regulatory reforms following Wirecard problems

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Global Banking News - 24 June 2020

The allegations of financial impropriety at Germany-based Wirecard has prompted the nation's finance minister to call for regulatory reforms.

After Wirecard's former CEO was arrested, German finance minister Olaf Scholz called for a tightening of regulations. The minister said that the extent of the scandal showed that neither auditors nor...

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