Mandate of BaFin's special commissioner at flatexDEGIRO terminated [Yahoo! Finance]
DEUTSCHE BOERSE UNSP/ADR (DBOEY)
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Source: Yahoo! Finance
The mandate of the BaFin's special commissioner at flatexDEGIRO Bank AG (the "Company") was terminated on September 30, 2024, following the successful elimination of the serious deficiencies identified in the 2022 special audit by the Company and a positive review by the special commissioner. flatexDEGIRO AG made this announcement on October 18, 2024, following a corresponding decision by the German Federal Financial Supervisory Authority (BaFin). Oliver Behrens, CEO of flatexDEGIRO, said: "We have realigned and sustainably strengthened our organizational structures and processes in constructive cooperation with BaFin and the special commissioner. We are thereby closing a regulatory chapter and again increase our focus on our customers and important growth projects. My special thanks go to all employees who, under the leadership of Steffen Jentsch, member of the bank's management board, have made it possible to reach this important milestone." Dr. Benon Janos, Deputy CEO & CFO of
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