KPMG Samjong Accounting Corp. (“KPMG Korea”) registered in Professional Oversight Board (“POB”), the U.K. regulatory and Commission de Surveillance du Secteur Financier (“CSSF”), Luxembourg regulatory on January 7, 2010 and July 14, 2010, respectively.
KPMG Korea complies with “Eighth Directive Regulations”, which requires “Transparency Report” to be made available on our website as the status of KPMG Korea was reclassified as “Equivalent” registration in 2011. “Transparency report” means the report to be prepared by an audit firm of a public interest entity as specified in Article 40 of Directive 2006/43/EC.
We are pleased to present our 2013 Transparency Report, which sets out the structure and governance of KPMG Korea as well as the quality control procedures and standards of integrity that we adopt across the range of our services. In addition, our Transparency report contains all other information in accordance with requirements in the “Eighth Directive Regulations”.