Tuesday, September 27, 2011

“Audit regulation: the quest for international harmonisation”. FEE Conference on Audit Policy

The aim of my intervention is to convey a single clear message: the relevant role of audit in financial markets and the importance of achieving a harmonised regulatory framework based on common high quality standards.

I think we all here share the view that one of the main challenges for public authorities and private players in the current crisis situation is to restore public confidence in the functioning of world capital markets.

One essential ingredient of any sensible strategy to pursue that goal is to enhance transparency of the current economic and financial situations of all issuers of securities in financial markets.

See full Speech, in pdf format.