At the end of last week the Competition Commission published the responses received in respect of its provisional decision on remedies: see here. There is much criticism of the proposal to require FTSE 350 companies to put their statutory audit out to tender at least every five years. The Commission's final report will be published next month.
Tuesday, 27 August 2013
UK: Competition Commission statutory audit services market inquiry - provisional decision on remedies - responses published
At the end of last week the Competition Commission published the responses received in respect of its provisional decision on remedies: see here. There is much criticism of the proposal to require FTSE 350 companies to put their statutory audit out to tender at least every five years. The Commission's final report will be published next month.
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