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German watchdog worked with ECB, Bundesbank on Wirecard decisions

Kitco News

FRANKFURT (Reuters) - Germany’s financial market regulator Bafin wasn’t alone in deciding that Wirecard (WDIG.DE) not be categorized as a financial holding company, a spokeswoman for the authority said on Wednesday.

All decisions were made along with other supervisors, including the Bundesbank and European Central Bank, Bafin head Felix Hufeld told German parliamentarians in a close-door meeting, she said.

Reporting by Hans Seidenstuecker; writing by Tom Sims; editing by John O'Donnell

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