Brussels plans fresh crackdown

The European Commission is planning to adopt plans at the end of October 2004 which will tighten up the regulations on the type of financial practices that led to the downfall of Enron and Parmalat, forcing companies to disclose off-balance-sheet arrangements.

European Commission: DG Internal Market: Company law and corporate governance http://ec.europa.eu/comm/internal_market/company/index_en.htm

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