Abstract Dem romanischen Rechtsverständnis entsprechend war auch das überkommene deutsche Rechnungslegungsrecht gekennzeichnet durch wenig detaillierte Vorschriften, die erst durch Entscheidungen der höchstrichterlichen Rechtsprechung konkretisiert wurden. Mit der Gründung des Deutschen...

In March 2020, Covid-19 was declared a pandemic by the World Health Organization. Most European governments reacted with lockdowns. A drop in demand as well as supply disruptions affected the economy which also hit European banks with quite a lot of uncertainty, not only regarding possible...

In the European Union the goal of transition towards a carbon-neutral economy by 2050 is identified as a major aim of the European Commission. The integral role of the financial services sector in funding such investments and enhancing the (re-) direction and allocation of capital flows towards...

Banks are crucial enablers of financial and economic development. They have an immense corporate social responsibility (CSR) towards society. Bank´s CSR activities are considered increasingly vital for their own success and sustainable growth, especially as they operate in a business...

1. Wirecard – Chronicle, Public allegations, and the Downfall of the company -- 2. Fundamental Principles of an Audit -- 3. Wirecard´s business model -- 4. Fiduciary relationships -- 5. Trade Receivables versus Cash and Cash equivalents -- 6. Sales revenue and Commissions -- 7. Segment...

Repurchase agreements are money market instruments that are used widely and for various purposes due to their simplicity and flexibility. The European repo market is quite concentrated, as 80% of the transactions is conducted be-tween the top 20 banks and 61.9% of the collaterals used in the...