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surprising is not that many congressional colleagues support Rep. Ron Paul's (R-TX) bill calling for an audit of the Fed …. Remarkably, there is significant opposition to such oversight, and the political prospects for undertaking such an audit are … relatively bleak. This paper has three main sections. The first section looks at opposition to the audit. Although audit …
Persistent link: https://www.econbiz.de/10014194868
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Central Bank Audit Practices describes common approaches, practices and trends relevant to the audit of central banks … provides a basis for further discussion between decision-makers and practitioners on how the audit regime could be developed to … ensure good governance of central banks. This study originates from a discussion on today’s important audit issues which was …
Persistent link: https://www.econbiz.de/10012445239
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This paper takes stock of external audit arrangements at central banks. Its focus is on the annual audit of central … bank financial statements, as well as legal and institutional measures that support audit quality and independence. The … audited financial statements and central bank legislation. While the audit frameworks for central banks differ depending on …
Persistent link: https://www.econbiz.de/10011932547
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The need for effective supervision of capital markets is becoming all the more evident in the aftermath of the recent LIBOR and rate rigging scandals. Financial regulators or indeed bank regulators cannot perform such a function effectively without the involvement of auditors in the supervisory...
Persistent link: https://www.econbiz.de/10013007767
This paper takes stock of external audit arrangements at central banks. Its focus is on the annual audit of central … bank financial statements, as well as legal and institutional measures that support audit quality and independence. The … audited financial statements and central bank legislation. While the audit frameworks for central banks differ depending on …
Persistent link: https://www.econbiz.de/10012909420
This article argues that aiding and abetting liability should be reinstated for secondary actors in securities frauds. Such liability was eliminated by the Supreme Court's 1994 decision in Central Bank of Denver, N.A., v. First Interstate Bank of Denver, N.A. Since that decision, corporate...
Persistent link: https://www.econbiz.de/10014219941