Obligation to notify a restriction on the choice of audit firm

Public Interest Entities (PIEs) must inform the AFM immediately of any attempt by a third party to impose a contractual clause on the PIE that restricts the choice by a general meeting of shareholders or members of the PIE to certain categories or lists of audit firms, in relation to the legal auditing of the PIE; or exert undue influence in any other way over the decision of a general meeting of shareholders or members of the PIE regarding the selection of an audit firm to perform the legal auditing of the PIE.

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