European Commission recognises NZ auditor regulations

By Sophie Boot
Aug. 30 (BusinessDesk) - New Zealand-regulated auditors can operate in the European Union after the 28 nation bloc's executive, the European Commission, announced it recognised the local audit oversight regime.
The Financial Markets Authority said in a statement that over the past two years it had led an assessment of the auditor oversight regime in conjunction with the Ministry of Business, Innovation and Employment.
"This recognition will allow New Zealand auditors to continue to audit financial statements of entities...
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