Tag: Bafin
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Following Fraser Perring, German Regulator Clamps Down On Adler!
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Short-seller Fraser Perring has exposed Adler’s accounting already in 2021. In a balance sheet audit, the German BaFin confirmed Perring’s allegations and finds almost four billion euros too much on the balance sheet of the real estate group. In the audit of Adler Real Estate’s 2019 consolidated financial statements, the…
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Bafin Director Thorsten Pötzsch: “The Risk Of Getting Caught Has Never Been So High!”
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After the Wirecard debacle, Germany reorganized BaFin’s regulatory balance sheet control. Thorsten Pötzsch, head of Bafin’s securities regulator, emphasized the new system’s effectiveness at a symposium in Vienna. He referred to discovered accounting errors that auditors had failed to detect.