Investors block auditor concentration.
| Position | Update - Brief article |
Institutional investors have voiced strong criticism about the level of concentration in the auditing market, as they contributed to the ongoing parliamentary inquiry into the auditing industry in the UK. The House of Lords' economic affairs committee heard from Iain Richards, regional head of corporate governance at Aviva Investors, and Guy Jubb, head of corporate governance at Standard Life. They called on the European Commission to set a deadline for the big four auditors to surrender a portion of market...
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