Tag: Exchange supervision
Financial supervision takes action because of the overheated real estate market
New home construction The rise in prices on the residential property market worries the Bundesbank and the financial supervisory authority Bafin. You want to prevent excessive lending. (Photo: dpa) Frankfurt…
The Bafin is investigating the crypto platform Cakedefi
Bafin The financial supervisory authority is currently checking whether the crypto platform Cake Defi is conducting unauthorized business in Germany. (Photo: Reuters) Dusseldorf The German financial regulator Bafin is investigating…
China is leading the way in tech regulation
Chinese smartphone user More rights against big tech – especially for the state. (Photo: LAM YIK FEI / The New York Times / R / Redux / laif) For a…
Bafin imposes a fine on Deutsche Bank
Deutsche Bank headquarters in Frankfurt am Main The bank wants to accept the fine from the Bafin. (Photo: dpa) Frankfurt Deutsche Bank has to pay a fine of EUR 8.66…
That is why politics remains the greatest risk to Chinese stocks
Bad losses Chinese tech stocks like Alibaba, Didi and Tencent fell sharply in value in 2021. (Photo: dapd) Dusseldorf It’s a huge number: Chinese stocks in the US have lost…
Technology stocks keep Asia stock exchanges in the black
Passers-by in front of the Tokyo Stock Exchange The Asian stock exchanges are not impressed by the Omikron variant. (Photo: dpa) Hong Kong After the latest price gains, Asian investors…
Reddit takes another step for the IPO
Reddit logo Just recently, Reddit boss Steve Huffman announced the official start of his network in Germany in Berlin. (Photo: Reuters) Dusseldorf The social network Reddit is pushing its IPO…
Why savings banks should be careful with Bitcoin & Co.
Sparkasse in Frankfurt Plans for the savings banks’ crypto offer could become more specific in the coming year. (Photo: dpa) Frankfurt It’s great that cryptocurrencies are finally arriving in the…
US Securities and Exchange Commission investigates Spac for Trump’s social media network
new York Former US President Donald Trump has been targeted by the Securities and Exchange Commission with his new online project. The authority is investigating the company through which Trump…
US Securities and Exchange Commission targets Spacs – shares of Tesla rival Lucid collapse
Donald Trump The former US president wants to go public with his own social network. (Photo: AP) new York Former US President Donald Trump has been targeted by the Securities…
US Securities and Exchange Commission targets Spacs – shares of Tesla rival Lucid collapse
Lucid vehicles The merger with the corporate shell Churchill Capital IV gave the electric car maker a stock market valuation of 24 billion dollars. (Photo: Reuters) Frankfurt A subpoena by…
China’s real estate giant Evergrande warns of default
Evergrande The real estate company is apparently facing new payment difficulties. (Photo: Reuters) Beijing The heavily indebted Chinese real estate giant Evergrande has warned of possible payment difficulties. After a…
Didi’s withdrawal from Wall Street – signal of increasing decoupling
It was a disaster with an announcement. The Chinese transport service provider Didi had long resisted reports that the company, which had just been listed on the New York Stock…
Didi wants to stop listing in New York
new York Chinese Uber rival Didi Chuxing, who has come under heavy pressure from China’s regulators, has announced steps to withdraw from the New York Stock Exchange. As the company…
After the Wirecard scandal: Bafin is examining German payment service providers
Frankfurt The financial supervisory authority Bafin is scrutinizing several large payment service providers after the Wirecard scandal. In addition to a special audit at Unzer, the authorities have also started…
EU Commission plans central database for financial information
Brussels The EU Commission presented four new legislative proposals on Thursday that are intended to pave the way for a unified financial and capital market in the Union. These include…
Bafin President Branson makes law and compliance a top priority
Bafin President Mark Branson The Briton will take care of cross-departmental issues of financial supervision himself in the future. (Photo: Jann Höfer for Handelsblatt) Frankfurt Usually not even regulatory experts…
Published secret report by special investigator Martin Wambach: EY is filing a criminal complaint
Dusseldorf In the scandal surrounding the insolvent Dax group Wirecard, the auditing company EY resorted to legal means. As the “Financial Times” first reported, EY has filed criminal charges against…
EU wants to ban fee model of neobrokers
Stock trading via Trade Republic Neobrokers offer inexpensive value trading, but demand rebates from their trading partners for forwarding customer orders. (Photo: Trade Republic) Brussels, Frankfurt A controversial fee model…
EU wants to make market access more difficult for British hedge funds
Flags in the EU quarter in Brussels The EU wants to subject the transfer of management responsibility to new rules. (Photo: AP) Brussels The practice is popular, especially with hedge…