CESR publishes responses on consultation on third countries GAAP

15 May 2007

CESR published the responses received to its technical advice on a mechanism for determining the equivalence of the generally accepted accounting principles of third countries. CESR expects to postpone until the end of May the submission of the final advice to the Commission. Once CESR has provided its advice, the Commission must by 31 December 2007 adopt a legal measure, via comitology, on the definition of equivalence and the determination of equivalence.

Responses

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