The Wirecard scandal leaves dozens of questions unanswered, but as the 1.9 billion euros of accounting losses ($2.1 billion) has begun to hit consumers in the UK, one thing is certain: Regulation and litigation are on the cards. < Ordinary consumers were left without access to their funds over the weekend after
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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.