Wirecard Forces ‘Radical’ Reboot Of German Accounting Regs
PYMNTS
JUNE 29, 2020
As the fallout from Wirecard ’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial Times reported. Its founder and CEO Markus Braun, 51, resigned and was later arrested on charges of misrepresenting Wirecard’s accounts and market manipulation.
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