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Corporate & Securities Law

: Jim Hamilton's World of Securities Regulation

By Jim Hamilton

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European Commission Proposes Options to Limit Audit Firm LiabilityIn an effort to increase the number of global audit firms, and preserve the existing ones, the European Commission has proposed limitations on auditor liability. This effort is in response to the increasing trend of litigation and the lack of sufficient insurance coverage in the sector. The proposal is also designed to ensure that enough audit firms are available to carry out the audits of public companies in the European Union. S read more

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Full post as published by Jim Hamilton's World of Securities Regulation on June 11, 2008 (boomark / email).

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