ASIC Bill introduced to parliament

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AUSTRALIA - A Bill that would allow the Australian Securities and Investments Commission (ASIC) to enter into co-operative audit arrangement with foreign regulatory bodies was today introduced to parliament.

More specifically, the ASIC Audit Inspection Bill 2006 would enable ASIC to enter into a cooperative audit arrangement with the US Public Company Accounting Oversight Board (PCAOB), said Chris Pear...

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