CESR and SEC launch work plan on financial reporting

02 August 2006

CESR and the US SEC published a joint work plan which will serve to guide the CESR-SEC Dialogue in the immediate future and will be implemented immediately. The main focus of the work plan is the application by internationally-active companies of US GAAP and IFRS in the European Union and the United States, respectively. In addition, the staff of CESR and the SEC will forge a closer dialogue on the modernisation of financial reporting and disclosure information technology, and regulatory platforms for risk management.

Press release
Work plan

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