EuroFinUse was quoted in the Accountancy Age with regards to the EU Audit regulation. It's a case of going back to basics. Should the ultimate oversight body for auditing in the EU be the European Group of Auditors' Oversight Bodies (EGAOB), as set up under the 8th Company Law directive, which has roots going back to 2005? Or should ultimate supervision be the European Securities and Markets Authority (ESMA) set up in Paris at the start of 2011, that is, in response to the crisis? ESMA's duty is to enhance the protection of investors and "reinforce stable and well functioning financial markets in the European Union".
Read the full article here
Watch our video from our international conference on 'The Audit Reform - Impact on Investors' here.