Clifford Chance

BEIS responds to CMA's proposals to reform the Statutory Audit Market and launches consultation

23 July 2019

The Department for Business Energy & Industrial Strategy (BEIS) has published its initial consultation on the recommendations made by the Competition and Markets Authority (CMA) to improve competition and resilience in the statutory audit market as set out in its final report published in April 2019.  

The briefing looks at BEIS' response to the CMA's proposals and the key areas on which it is now consulting.

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