Financial Crime Financial Crime

Wirecard scandal could lead to audit separation, EU payment supervision, Dombrovskis says

By Jack Schickler
  • 24 Jul 2020 06:02
  • 24 Jul 2020 06:02
Wirecard's financial scandal could lead to a wide-ranging review of EU accounting, reporting and market-abuse rules, as well as bring large payment providers under supervision, European Commissioner Valdis Dombrovskis has said. 

The European Commission is considering forcing a structural separation of audit from consultancy functions at major accountancy firms such as Deloitte, PricewaterhouseCoopers,

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