Federal Financial Supervisory Authority

Customs investigators bust underground bank in Saarland, seize cash, gold, and weapons

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Saarbrücken/Frankfurt (Hesse) – The investigators rummaged through bundles of cash, kilos of gold and also found weapons: Frankfurt customs investigators broke up an underground bank in Saarland and executed three arrest warrants. The action on Wednesday morning was directed against operators of so-called “Hawala” shops. The system, which arose in the Middle Ages in the … Read more

The Wirecard case will change auditing

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Dhe Wirecard case draws circles far into the supervision of examinations. The reason that the Federal Ministry of Justice and the Federal Ministry of Finance will terminate the contract with the German Audit Office for Accounting (DPR) – which was confirmed by a spokesman for the Ministry of Justice on Sunday in Berlin – is … Read more