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EU Rules Limit the Furnishing of Non-Audit Tax Services by Auditors of Public Interest Companies and Require Mandatory Auditor Rotation

|Approved Changes|European Union
European Union

New EU rules, finalized 16 June 2014, place significant restrictions on Auditors of public interest companies domiciled in the EU, which can include subsidiaries of non-EU companies. Public interest companies generally include listed companies, credit institutions and insurance companies. Each EU Member State has the option to expand the types of companies included.

Non-Audit Services

Under…

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