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Image header Agence Europe
Europe Daily Bulletin No. 9529
Contents Publication in full By article 16 / 27
GENERAL NEWS / (eu) eu/financial services

Oxera report examines impact of European rules on concentration and audit firm responsibility

Brussels, 23/10/2007 (Agence Europe) - The European Commission, on Tuesday 23 October, published a report by British consultants Oxera on the impact that amendment of European legislation on ownership of audit firms could have on concentration, and the responsibility of these same firms. The study believes that a relaxation of current ownership and/or management rules would provide “incentives such that alternative structures might emerge over time”, on condition that these structures...

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