Just three weeks before the Securities and Exchange Commission is to finalise the new rules, Wyman is to meet tomorrow with senior officials from the US regulator to attempt to persuade them to exempt European accountants from the rules.
The rules will affect around 700 non-US companies that are listed on the US stock exchange, and their auditors.
Wyman told the FT: ‘I will be arguing that for non-US companies with a listing in the US, there should not be further SEC rules for a long enough period to allow for meaningful discussions about their implications.’
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process