Swedish and US regulators enter into cooperative agreement

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31 Mar 2014

The Supervisory Board of Public Accountants of Sweden and the US PCAOB have announced a cooperative agreement related to the oversight of audit firms subject to the jurisdictions of both regulators. The agreement is effective immediately.

The arrangement, which includes a data protection agreement, provides a framework for joint inspections and allows for the exchange of confidential information in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.

See the press release on the PCAOB's website for more information.

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