PoliticalRepoPoliticalRepo

Germany · Motion · Antrag

19/22204

Reform auditing, reduce conflicts of interest

rejectedGermany· German Bundestag· DE

Introduced

9 September 2020

Last action

Status

Abgelehnt

Sponsors

Subjects

Discovery layer

Source updated

13 March 2026

Summary

Presentation of a draft law and commitment to a Europe-wide implementation regarding the appointment of auditors by an independent government authority and their remuneration from a fund financed by the companies to be audited, separation of auditing and advice from the same audit firm, creation of a regulatory framework for audits by two independent companies, repeal of the Limitation of liability of auditors in the event of negligence, providing BaFin with additional independent access and audit rights and the necessary human and material resources, new regulation of the tasks and powers of the auditor supervision body (APAS) with legal and technical supervision at the Federal Ministry of Economics

Machine translation from German. The official text remains authoritative.

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2 official files

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