MERGER: MOVE TO US SYSTEM

摘要

Proposals from government that could see two watchdogs under one roof represent a move towards a 'US system' of financial reporting regulation, accountants believe.rnLast month, the government proposed that the Financial Reporting Council and remnants of the Financial Services Authority should be brought together as part of its shake-up, which will see much of the FSA's work move into the Bank of England.