Brussels, 26/04/2004 (Agence Europe) - The European Commission has initiated consultation on proposal to revise the EU's Accounting Directives in order to: 1) clarify the responsibility of members of company boards for financial statements and key non-financial information; 2) enhance transparency in transactions between companies of one and the same group; 3) establish an annual declaration system containing all information on corporate governance of the firms quoted. These proposals of...