This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

PCAOB and CSSF enter into cooperative agreement

  • PCAOB (US Public Company Accounting Oversight Board) Image

Sep 21, 2015

The Luxembourgian audit regulator, the Commission de Surveillance du Secteur Financier (CSSF), and the PCAOB have entered into a cooperative agreement related to “the over-sight of audit firms subject to the regulatory jurisdictions of both regulators.”

The agree­ment, which is ef­fec­tive im­me­di­ately, allows the two reg­u­la­tors to ex­change con­fi­den­tial in­for­ma­tion re­gard­ing firms op­er­at­ing in both ju­ris­dic­tions and is in­tended to enhance their su­per­vi­sory over­sight, in­spec­tions, and in­ves­ti­ga­tions of the firms.

The PCAOB and CSSF also signed a data pro­tec­tion agree­ment to ensure that they comply with na­tional data pro­tec­tion re­quire­ments when trans­fer­ring in­for­ma­tion.

For more in­for­ma­tion, see the press release and the agree­ment on the PCAOB’s Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.