Green paper of the European Commission

Slides:



Advertisements
Similar presentations
The Benefits and Challenges of Implementation of Basel II in Europe José María Roldán | 27 Sept 2005.
Advertisements

EU-China Roundtable on Financial Services and Regulation José María Roldán | 28 Oct 2005.
Pentti Mäkinen Central Chamber of Commerce of Finland Benefits of low regulation environment Brussels
Corporate Governance Reform Professor Blanaid Clarke Trinity College Dublin Law Reform Commission Annual Conference 11th December 2012.
Standing for trust and integrity OROC Congress Ethics and Accountability Lisbon, 22 October 2010 Hilde Blomme FEE Director of Practice Regulation.
Better Regulation Executive Making regulation work for everyone Role of Oversight Bodies for Regulatory Reform Claire Chaubert February 2007.
Bilateral screening meeting on Company Law 16 November 2010.
London, England 7-8 July 2011 International Congress on Professional and Occupational Regulation Workforce Planning and Entry to Practice Presenter: David.
Smart Regulation Commission follow-up to the "TOP TEN" Commission Communication COM(2013)446 final of
After the crisis: Changes in Regulation in Europe... - the most important trends and influences upon the insurance market Michaela Koller, director general,
Reforming the Audit Market European Commission November 30 th 2011.
Chamber of Financial Auditors of Romania ANA DINCĂ CAFR First Vicepresident Experience of Regulation based on ISAs and the Code of Ethics 1 July – 3 July.
1 STATE AUDIT OFFICE RELATIONS WITH PARLIAMENT Auditor General Inguna Sudraba State Audit Office Republic of Latvia 26 Kr.Valdemara Street,
M. ANGELA JIMENEZ 1 UNIT 5. REGULATION OF EXTERNAL AUDIT IFAC AND E.C.
Tax Services Provided to Audit Clients: PCAOB view and the report of the IFAC Tax Services Review Group IFAC SMP Permanent Task Force March 8, 2005 Prague.
© OECD A joint initiative of the OECD and the European Union, principally financed by the EU. Quality Assurance José Viegas Ribeiro IGF, Portugal SIGMA.
MiFID and Derivative Markets Burçak Inel Head of Regulatory Affairs Federation of European Securities Exchanges (FESE) 9 th Annual Conference of the Association.
GUERNSEY INSURANCE FORUM 12 November 2008 Diane Colton - Director of Insurance Guernsey Financial Services Commission.
GGI as a shareholder of the future of Europe (A unique opportunity) 1Laszlo Tunyogi Dr.GGI CONFERENCE October, ROME.
Advanced Program in Auditing and Accounting Regulation Module 12 Enhancing Statutory Audit Quality from a Financial Regulator’s Perspective Presenter:
EGIAN European Group of International Accounting Networks and Associations What is EGIAN?  21 Members Europe Global  Combined turnover€9.4 bn €25.7 bn.
Consolidation and Review of Financial Services Legislation (“ CAROL ”) Jane D N Bates Head of Policy and Legal Unit Financial Supervision Commission 21.
Audit Committee Roles & Responsibilities Audit Committee July 20, 2004.
Various Stages of MiFID Implementation in Lithuania Tomas Talutis Lithuanian Securities Commission.
Deregulation to the Economy and removal of Administrative Barriers, Russian Federation EuropAid/114008/C/SV/RU Setting up of national accreditation system.
 The plan:  1. The concept of the value and methods of financial supervision  2. Types of financial control  3. The competence of the state and other.
Page 1 | Proprietary and Copyrighted Information Korea Ethics and Independence Environment Sylvie Soulier, IESBA Member IESBA Meeting New York June 29.
PARLIAMENT’S ROLE IN PUBLIC FINANCE OVERSIGHT – CASE OF SLOVENIA Milan Martin Cvikl Member of Parliament, National Assembly of Slovenia (former State Secretary.
Slide 1 ROAD TO EUROPE – PROGRAM OF ACCOUNTING REPORTING AND INSTITUTIONAL STRENGTHENING How can the European Federation of Accountants (FEE) Assist ?
Agreed Positions on Audit Policy. Taking audit policy forward  As needs of society, markets & stakeholders evolve, auditors have to reflect on their.
Page 1 Long Association Task Force Marisa Orbea, Task Force Chair IESBA Meeting September 16-18, 2013 Sydney, Australia.
1 Homologues Group Meeting Slovenia, October 2009 Homologues Group Meeting Slovenia, October 2009 Republika Slovenija European Union Ljubljana, October.
Cooperation with the Seimas Audit Committee Tomas Mackevičius Deputy Auditor General.
European Labour Law Institutions and their Competencies JUDr. Jana Komendová, Ph.D.
February 2010 – Task Force finalized draft for discussion with IAASB and IAASB CAG in March 2010 IAASB expected to approve draft for public exposure in.
IAASB –February 2010 – Task Force finalized draft for discussion with IAASB and IAASB CAG in March 2010 –June approval of exposure draft IESBA –Closely.
International Federation of Accountants Audit Policy: A Global View Russell Guthrie, Executive Director Dakar, Senegal May 5, 2011.
Rahandusministeerium Adopting, Implementing, and Enforcing the Aquis Communautaire Relating to Auditing – Lessons Learned Veiko Tali
Lauren Edmonds, Manager BrightLine CPAs & Associates, Inc. Tab 4: Results of Examination and Independence Report from the Service Organization Control.
Types of Bills FOCUS OF THE LEGISLATIVE PROCESS. Simple Resolution Used to express nonbinding positions of the Senate OR House to deal with internal affairs.
Arboricultural Association Approved Contractor Scheme NW Tree Officers presentation Paul Smith AA Technical Officer & Approved Contractor scheme manager.
M O N T E N E G R O Negotiating Team for the Accession of Montenegro to the European Union Working Group for Chapter 6 – Company Law Bilateral screening:
Multi-Country Seminar on the Internal Market acquis for the Eastern Partnership countries Accounting issues 1 October 2009, Brussels.
Business & Society ETLW 302
Chapter 03 Professional Ethics McGraw-Hill/Irwin
EU-China Roundtable on Financial Services and Regulation
EU information review of the year 2011
Entrepreneurship and Management
Siste nytt om SII Møte i Insurance Committee, GC 23. mars 2012
REPARIS Workshop Vienna
Review of EU Information 2008
History of the European Union
Jacek Gdański Accounting Department
Status Report November 2007
Partnering the process
PEMPAL Internal Control Working Group– 45th IACOP Meeting
IESBA Meeting New York March 12-14, 2018
Survey of the Budget Process in Slovenia
Meeting Venue Date PIOB STRATEGY PUBLIC CONSULTATION PAPER Chuck Horstmann IESBA September Meeting.
EU legislation on noise emission in the environment by equipment for use outdoors: latest developments European Commission DG Internal Market, Industry,
IESBA Meeting New York September 17-20, 2018
Corporate Governance 3. A CORPORATION.
Seminar on Environmental Audit
CPME Activities UEMS Council meeting Dr Jacques de HALLER
Partnering the process
EU-China Roundtable on Financial Services and Regulation
« Eighth » Company Law Directive Statutory Audit
EU legislation on noise emission in the environment by equipment for use outdoors: latest developments September 2018 European.
About FEE and its Activities 10th Visegrad 4 Countries Meeting
Periodic Review and Expiration of Existing Rules (G.S. 150B-21.3A)
Presentation transcript:

Green paper of the European Commission October 13, 2010 : Green Paper First step in the process to elaborate a law at European level : Discussion document open to public comments. May 2011 : Report to the parliament September 13, 2011 : European Parliament Resolution November 2011 : Draft legislation

What were the objectives? Open a discussion on : Role of the auditor Governance and independence of audit firms Supervision of auditors Configuration of the audit market Creation of a European passport Simplifications for SMEs / SMPs

Parliament resolution in favor of Independence of auditors reviewed by a public supervisory body independent of the profession Impact assessment to be conducted on External rotation Voluntary joint audits

Parliament resolution in favor of Clear demarcation between audit services and NAS provided to an audit client List of conditions Internal and external audit services shall not be provided simultaneously Ban of certain services Pre approval by audit committee Impact assessment of a cap on NAS

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.