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Europe Daily Bulletin No. 8976

24 June 2005
Contents Publication in full By article 22 / 30
GENERAL NEWS / (eu) eu/corporate law
MEPs reject idea of audit committee imposed at European level for companies quoted on exchange

Brussels, 23/06/2005 (Agence Europe) - On Tuesday, the parliamentary committee on legal affairs adopted the report by Dutch Christian Democrat Bert Doorn on the proposal of directive relating to the legal audit of annual accounts and consolidated accounts. It is opposed to the European Commission's idea to systematically introduce audit committees for public interest companies, such as companies quoted on the Stock Exchange, banks and other financial institutions. Due to the differences...

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