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Dutch regulator takes a hard line on audit integrity

The Netherlands Authority for the Financial Markets (AFM).
Photo: Jean Hurley

Joint investigations lead to fines as AFM collaborates with US Public Company Accounting Oversight Board (PCAOB) and takes direct action against local firm.

The Dutch audit sector is under intense scrutiny following a series of high-profile enforcement actions by the Authority for the Financial Markets (AFM). In moves that show the regulator’s commitment to both ethical integrity and fundamental compliance, the AFM has collaborated with the US Public Company Accounting Oversight Board (PCAOB)