Overview

• The Hamburg parliamentary inquiry into the Cum-Ex tax scandal has ended, with SPD and Greens asserting no evidence of political influence was uncovered.
• The investigation focused on the Warburg Bank and HSH Nordbank, scrutinizing tax decisions involving millions of euros in improperly refunded capital gains taxes.
• Opposition parties, including CDU and Left, maintain there are indications of political involvement by Olaf Scholz and Peter Tschentscher during their tenure in Hamburg's government.
• The inquiry highlighted the need for stronger measures to combat financial crimes, with Hamburg reportedly improving its financial oversight and enforcement capabilities in recent years.
• The final report is set to be debated in February, with minority reports from opposition parties expected to challenge the majority findings.