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Europe Daily Bulletin No. 9281

7 October 2006
Contents Publication in full By article 24 / 46
GENERAL NEWS / (eu) eu/internal market
Independent study comes down in favour of limiting auditor liability

Brussels, 06/10/2006 (Agence Europe) - On Wednesday 5 October, the Commission published an independent study by London Economics on auditors' liability regimes and on insurance conditions in Member States. The study comes down in favour of limiting auditor liability. Such limitation would not affect audit quality nor capital costs, would favour the appearance of new competitors and would lighten the financial threat of complaints aimed at the four main international audit companies (the...

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