Audit, satisfactory audit

The supervisory authority has found no errors or deficiencies in the course of an inspection of a securities services company pursuant to Section 36 of the German Securities Trading Act (WpHG). What constitutes errors and deficiencies is defined in Germany by the Wertpapier-Dienstleistungs-Prüfungsverordnung (WpDPV – German Securities Services Audit Ordinance), which came into force at the beginning of 2005. The German Federal Financial Supervisory Authority (BaFin) can carry out a simplified audit in the following years in the event of a defect-free audit in one year. – Cf. 2004 Annual Report of BaFin, p. 109, 2007 Annual Report of BaFin, p. 109 (revised WpDVP).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/