Q&A Catalogue for Wirecard Investors

BETTER FINANCE's German member organisation, Deutsche Schutzverein für Wertpapiersitz (DSW), published a series of Q&As for duped individual investors and pension savers in light of the outrageous Wirecard AG scandal ...
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The EU Capital Markets Recovery Package should take Individual Investors and the Wirecard case into account

Brussels, 31 July 2020 – On 24 July 2020, the European Commission (EC) announced the “Capital Markets Recovery Package”, as part of the its overall coronavirus recovery strategy, aimed at ...
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EU Citizens as Users sidelined in favour of Financial Industry in European Financial Policymaking and Supervision

Brussels, 20 July 2020 – The new composition of the European Supervisory Authorities’ (ESAs) “Stakeholder Groups” is a step backwards with regard to a balanced representation between industry and consumers ...
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BETTER FINANCE Reply to the European Commission’s Consultation on the renewed Sustainable Finance Strategy

BETTER FINANCE believes that the main challenges and opportunities for next 10 years will be:
  • Reorienting the equity and bond funding towards sustainable investments.
  • The identification of sustainable investments ...
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Best Practices in Relation to Relief Measures Offered to Consumers and Businesses in the Context of the Covid-19 Crisis

European Commission Press Release - This document reflects the outcome of the high level dialogue between all participants of two round-tables on best practices organised in May and June 2020 ...
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BETTER FINANCE Feedback to the European Commission Consultation on obligations for investment firms to advise clients on social and environmental aspects of financial products

BETTER FINANCE welcomes the introduction of requirements for firms providing investment advice and portfolio management to ask clients about their non-financial objectives and preferences. This is an important step forward ...
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DSW: Compensation for Wirecard investors only via legal action

Düsseldorf, 01 July 2020 – DSW, the leading shareholder association in Germany, repeatedly criticised Wirecard in the last years for its lack of transparency and weak Corporate Goverance structures. „The ...
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Wirecard AG: an outrageous case of corporate governance, external auditing and supervisory failures, once again at the expense of investors and pension savers

It is with surprise that BETTER FINANCE and its member organisations representing financial services users read the headline on 18 June 2020 that Wirecard AG (“WD”), one of Europe’s FinTech ...
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