The FEE discussion paper addresses key issues and considers the following questions regarding the free movement of audit firms:
– is it necessary to require that the majority of capital/voting rights in firms be held by locally approved auditors?
– should the majority of the members of the administration or management bodies be approved locally in the host member state?
– is it possible to adopt a more restrictive requirement beyond that of a simple majority?
The publication is available in electronic format only.