Regulators pledge to work together to find common solutions
After a meeting held between UK Chancellor of the Exchequer, Gordon Brown, U.S. Treasury Secretary, John Snow, and European Commissioner, Charlie McCreevy, the European Union and the United States issued a joint statement highlighting areas for co-operation.
Immediate topics for discussion include: promoting convergence of accounting standards; implementation and enforcement of financial market reforms; and, cooperation among auditing supervisors.
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