Regulators and the gentle art of persuasion

LETTER - A letter published in the London edition of the Financial Times on Friday.

From Anthea L. Rose, Chief Executive, Association of Chartered Certified Accountants, London WC2A 3EE

Sir, Peter Wyman ("The art of auditing", March 7) is right in saying the world needs global standards for accounting, auditing and corporate governance. I wonder, however, about the process he has in mind.

His statement that Asian capital markets have been relatively untouched by the wake of the Enron affair because

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