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SCHIRP & PARTNER Rechtsanw
German Federal Cabinet approves Financial Market Integrity Strengthening Act (FISG). Investor advocates criticize the law as insufficient and toothless
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SCHIRP & PARTNER Rechtsanwälte mbB: German Federal Cabinet approves Financial Market Integrity Strengthening Act (FISG). Investor advocates criticize the law as insufficient and toothless
17.12.2020 / 11:17
Federal Cabinet approves Financial Market Integrity Strengthening Act (FISG) -.
Investor advocates criticize the law as insufficient and toothless .
Yesterday, the Federal Cabinet approved the draft Financial Market Integrity Strengthening Act (FISG). This law is intended to draw lessons from the WIRECARD case and the failure of the auditors there, Ernst & Young (EY). From view of investor advocates, the law is however completely insufficient.