Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-09-28-Speech-3-178"

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". After having voted in favour of this text, I would like to join with those who have congratulated my colleague, Mr Doorn, on the excellent work he has carried out with the Committee on Legal Affairs. In order to supplement the confidence required in businesses and in their systems of governance, it was very important to provide the European Union with rules on the subject, drawing inspiration from the international standards derived from global best practice. The aspects connected to the independence of auditors have a crucial bearing on the quality of the controls. In particular, it was becoming a matter of urgency to define the concept of ‘network’. Finally, I will be very attentive and request that the issue of the liability of auditors be looked at, as it is unthinkable that they might have unlimited liability and, therefore, be uninsurable as regards the work they carry out."@en1

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