Going Public: No successful BaFin reform without reform of its financing! (in German)

In the wake of the Wirecard affair, a reform of the German Federal Financial Supervisory Authority (BaFin) is pending. The Balance sheet control is to be reorganised and removed from the German Financial Reporting Enforcement Panel. The supervisory system is also facing a reorganisation in the area of money laundering. Under new leadership, a comprehensive reorganisation of BaFin is to be expected in the next few years. For this to be successful, the financing of BaFin must also be reconsidered.

The article by Dr. Franz-Josef Leven, which appeared as part of a new series on the Bundestag elections, was published at Going Public.