Dear Friends,

Please find attached my op-ed which appeared in the Banker Magazine covering the fraud at Wirecard and the lessons to be drawn from the regulatory weakness demonstrated in this case.  At the end of the day, its all about a firm’s culture and conduct and proper supervisory oversight.

Regards,

https://www.thebanker.com/Comment-Profiles/Viewpoint/Wirecard-is-a-wake-up-call-on-regulatory-weakness/(language)/eng-GB

Regards,

Bill