Economist: Germany’s finance minister promises to overhaul financial regulation

A Press review featuring Fabio De Masi

Mar 6th, 2021

Economist: Germany’s finance minister promises to overhaul financial regulation

 

"In the wake of Wirecard’s collapse, BaFin will be beefed up (...)

Not everyone thinks Mr Scholz has gone far enough. Fabio De Masi, a member of parliament from the Left, a socialist party, who sits on the Wirecard inquiry, argues that Germany needs an elite forensic team that is paid top euro. He also wants the agency to be independent of the finance ministry. (...)"