Markets

Transformed Bafin two-thirds of way through its reforms

By Justin Pugsley
BRR fallback image

Following the bruising Wirecard scandal, around two-thirds of the 40 measures to reform Germany’s Federal Financial Supervisory Authority (BaFin) have been carried out with the remainder close to implementation. Around 100 employees have worked on the project for seven months.

On October 13, BaFin president Mark Branson and Dr Jörg ...

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