Wednesday, September 29, 2010

Auditor-regulator talks might benefit from code


KPMG suggests code to manage relationship with regulators

A code of conduct should be introduced to manage the relationship between regulators and auditors of banks, according to the head of Big Four firm KPMG.

John Griffith-Jones, KPMG senior partner, said the relationship between bank auditors and regulators “might benefit” from a set of protocols, in a submission to a House of Lords investigation into audit competition.

See full Article.