Since 2014
Authorised Adviser – as a company of public trust in the NewConnect OTC (Over-The-Counter) exchange
Copernican Journal of Finance & Accounting
View Archive Info| Field | Value | |
| Title |
Authorised Adviser – as a company of public trust in the NewConnect OTC (Over-The-Counter) exchange
Authorised Adviser – as a company of public trust in the NewConnect OTC (Over-The-Counter) exchange |
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| Creator |
Kołosowska, Bożena; Department of Finance Management, Faculty of Economic Sciences and Management, Nicolaus Copernicus University, Gagarina 13a, 87-100 Toruń
Voss, Grażyna; Department of Accounting, Torun School of Banking, Młodzieżowa 31a, 87-100 Toruń |
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| Subject |
auditing; ethical standards; abuse of
G180 auditing; ethical standards; abuse of G180 |
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| Description |
The paper notices that Authorised Advisers play the role of internal auditors in the companies listed on the NewConnect market. In principle, the issuers are small and medium enterprises who expect adequate support and help. The advisers who are responsible for proper introduction and servicing of the companies on the market must of course be subject to appropriate legal regulations. Yet, as a rule, the Over-The-Counter market of small and medium enterprises’ stocks is subject to certain simplifications which cause that not all of the issues regarding the responsibility of Authorised Advisers have been regulated. The introduction of more detailed regulations contributes to increasing the transparency of the market and to assuring greater safety for its participants, and unethical behaviours eliminate the entities which should have not been present in the list of authorised advisers.
The paper notices that Authorised Advisers play the role of internal auditors in the companies listed on the NewConnect market. In principle, the issuers are small and medium enterprises who expect adequate support and help. The advisers who are responsible for proper introduction and servicing of the companies on the market must of course be subject to appropriate legal regulations. Yet, as a rule, the Over-The-Counter market of small and medium enterprises’ stocks is subject to certain simplifications which cause that not all of the issues regarding the responsibility of Authorised Advisers have been regulated. The introduction of more detailed regulations contributes to increasing the transparency of the market and to assuring greater safety for its participants, and unethical behaviours eliminate the entities which should have not been present in the list of authorised advisers. |
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| Publisher |
Uniwersytet Mikołaja Kopernika w Toruniu
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| Contributor |
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| Date |
2014-04-08
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — — — |
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| Format |
application/pdf
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| Identifier |
http://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/CJFA.2014.007
10.12775/CJFA.2014.007 |
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| Source |
Copernican Journal of Finance & Accounting; Vol 3, No 1 (2014); 83-95
Copernican Journal of Finance & Accounting; Vol 3, No 1 (2014); 83-95 2300-3065 2300-1240 |
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| Language |
eng
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| Relation |
http://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/CJFA.2014.007/3241
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| Coverage |
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