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Europe Daily Bulletin No. 8286

30 August 2002
GENERAL NEWS / (eu) eu/united states
Talks with SEC on US accounting legislation (Sarbanes-Oxley Act)

Brussels / Washington, 29/08/2002 (Agence Europe) - While Germany objects and speaks of a "problem", the European Commission seeks to play down the risk of conflict between Community law and the new US accounting law, the so-called "Sarbanes-Oxely Act", which is to come into effect on Thursday in all companies quoted on the stock market on the other side of the Atlantic, whether American or non-American.

Talks are under way with the Securities and Exchange Commission (SEC) on practical...

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THE DAY IN POLITICS
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