Official audit
The possibility for a supervisory authority to order an audit of a bank’s accounts by civil servant auditors, who are also assigned to the supervisory authority if possible, in cases of suspicion. This is common practice in many countries, but not possible in Germany, as there are no civil servant auditors (yet).
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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/