Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-338-500"
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"en.20110913.34.2-338-500"2
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"The measures adopted after the eruption of the financial crisis were mainly directed towards stabilising financial markets. In-depth studies were produced into the activities of banks, hedge funds, rating agencies, central banks and supervisory bodies, but little attention was paid to the role of audits in enhancing financial stability. Many banks suffered enormous losses in 2007 to 2009 due to excessive risk, and this fact begs the question as to how auditors can help to boost confidence in the financial information provided, and whether the existing legislative framework is adequate."@en1
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