Former Wirecard Executive Marsalek Placed on Interpol’s Most Wanted List August 13, 2020 By Karin Matussek Former Wirecard AG executive Jan Marsalek was added to Interpol’s red notice list, sparking a worldwide manhunt for one of...
Germany to Reform Regulation of Insurers, Banks, Payment Firms on Wirecard Scandal July 27, 2020 By Patrick Donahue German Finance Minister Olaf Scholz intends to unveil a reform of the government’s financial oversight, as the widening scandal over...
German Prosecutors Arrest Ex-Wirecard Execs on Suspicion of Running Criminal Racket July 24, 2020 By Jörn Poltz German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket...
Wirecard Hires Forensic Investigator, Say Sources. Findings Could Aid in D&O Litigation. July 21, 2020 By Arno Schuetze and Alexander Hübner German payments company Wirecard has hired Alix Partners for a forensic investigation of the accounting scandal that led to its...
UK Watchdog Urges Big 4 Accounting Firms to Challenge Clients as Audit Quality Slides July 15, 2020 By Hugo Miller and Michael Kapoor The dominant accounting firms must do a better job of challenging their clients in order to reach a satisfactory level...
UK Accounting Watchdog Asks Big Four to Ring-Fence Audit Practices July 6, 2020 By Aoife White The UK dominant accounting firms must separate their audit units from other businesses by June 2024 as the country’s accounting...
From Enron to Wirecard – Big 4 Accounting Firms Still Face Systemic Problems July 2, 2020 By Ellen Milligan and Hugo Miller Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four...
Most UK SMEs Don’t Understand Risks of Cyber Attacks, Data Loss: Aon Poll December 13, 2018 A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by...
SME Law Firms in England & Wales May See Rise in Professional Indemnity Rates: Marsh September 26, 2018 Some professional indemnity (PI) insurers are applying greater rigor, are being increasingly selective, or are repricing risks, for small and...
BHSI Introduces Private Company & Nonprofit Organization Portfolio Cover in Asia April 9, 2018 Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Executive First Private Company Portfolio and Executive First Nonprofit Organization Portfolio policies...