EU Eighth Directive, an important step for regaining investors’ trust
Author:
Mircea BOZGA, PwC
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Abstract:
The EU Eighth Directive is a welcome step towards global convergence of supervisory framework of financial reporting, it represents for European business what Sarbanes-Oxley is for entities registered with the Securities and Exchange Commission (SEC) of the USA: a complex and comprehensive set of reforms focused on regaining investors confidence.