(Bloomberg) — Germany’s financial watchdog took more than a year to report Wirecard AG for suspected market manipulation after receiving a tip-off from a whistle-blower about irregularities at the payments company.BaFin received documents on Wirecard from an anonymous source in late January 2019 and evaluated them along with a Financial Times report on alleged accounting issues at the company, Germany’s Finance Ministry said in a written response to questions from lawmakers.The ministry’s reply, which is dated April 9, didn’t specify what the documents contained and on what day BaFin received them.The German regulator has come under intense criticism for its …read more
Source:: Yahoo Finance
