CC delays publication of preliminary findings

The UK Competition Commission has again revised the administrative timetable for its statutory audit services market investigation, pushing the publication date for the provisional findings to mid-February.

The original deadline for the preliminary report, along with a potential list of recommended actions subject to the findings, was set for November 2012, before being delayed until January.

According to the revised timetable, a final report is expected in August, before the statutory deadline set for October 2013. This deadline falls two years after the investigation was launched, following a recommendation by the Office of Fair Trading.

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