European financial regulators have stirred up another international accounting controversy by suggesting that Japanese companies may have to file additional financial statements in the EU.
Japanese lobby groups claim that the burdens added by the recommendations from the Committee of European Securities Regulators could force Japanese companies out of the EU market, according to the Financial Times.
Paul Koster chairman of the CESR group that carried out the study defended its position, but conceded that the body needed to produce a clearer definition of what he thought were significant differences between the accounting standards.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars