| Author (Person) | Krahnen, Jan Pieter, Langenbucher, Katja, Leuz, Christian, Pelizzon, Loriana |
|---|---|
| Author (Corporate) | European Parliament: DG Internal Policies |
| Publisher | European Parliament: European Parliamentary Research Service (EPRS), European Union |
| Series Title | EPRS Studies |
| Series Details | PE 651.385 |
| Publication Date | November 2020 |
| ISBN | 978-92-846-7442-8 |
| EC | QA-03-20-741-EN-N |
| Content Type | Textbook | Monograph |
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Abstract: The paper discusses the policy implications of the Wirecard scandal. The study finds that all lines of defense against corporate fraud, including internal control systems, external audits, the oversight bodies for financial reporting and auditing and the market supervisor, contributed to the scandal and are in need of reform. To ensure market integrity and investor protection in the future, the authors make eight suggestions for the market and institutional oversight architecture in Germany and in Europe. Further information: This document was provided by the Economic Governance Support Unit at the request of the ECON Committee. |
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| Source Link |
Link to Main Source
https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_STU(2020)651385
Alternative sources
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| Subject Categories | Business and Industry |
| Subject Tags | Financial Services |
| Countries / Regions | Europe, Germany |
