Announcement of voluntary certification for auditors. Natalia Borzova‘s comment in “Kommersant”
9 November 2017
For preselection of auditors engaged with financial sector, the Central Bank announced voluntary certification of audit companies. The Central Bank is going to learn all about company's activities and each employee since 2014. Market participants consider the Central Bank's proposal somewhat premature. However, volunteers have already emerged.
Natalia Borzova
Deputy General Director of FinExpertiza
“In my opinion, trying to pass certification is worthwhile, although it is disconcerting that the first reading of the draft law has not been completed yet”.