Council of Europe (CoE) - European Human Rights Court - founding fathers (1949)

Council of Europe (CoE) - European Human Rights Court - founding fathers (1949)
French National Assembly head Edouard Herriot and British Foreign minister Ernest Bevin surrounded by Italian, Luxembourg and other delegates at the first meeting of Council of Europe's Consultative Assembly in Strasbourg, August 1949 (AFP Photo)

EU founding fathers signed 'blank' Treaty of Rome (1957)

EU founding fathers signed 'blank' Treaty of Rome (1957)
The Treaty of Rome was signed in the Palazzo dei Conservatori, one of the Renaissance palaces that line the Michelangelo-designed Capitoline Square in the Italian capital

Shuttered: EU ditches summit 'family photo'

Shuttered: EU ditches summit 'family photo'
EU leaders pose for a family photo during the European Summit at the EU headquarters in Brussels on June 28, 2016 (AFP Photo/JOHN THYS)

Merkel says fall of Wall proves 'dreams can come true'


“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013. They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)


"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Wednesday, November 30, 2011

Big auditors face being split up, renamed

Reuters, By Huw Jones, LONDON | Wed Nov 30, 2011

(Reuters) - The world's top four audit firms will have to split up and rename themselves under a draft European Union law to crack down on conflicts of interest and shortcomings highlighted by the financial crisis.

"Investor confidence in audit has been shaken by the crisis and I believe changes in this sector are necessary," Internal Market Commissioner Michel Barnier said on Wednesday.

Policymakers have questioned why auditors gave a clean bill of health to many banks which shortly afterwards needed rescuing by taxpayers as the financial crisis began unfolding.

Barnier said recent apparent audit failures at AngloIrish and Lehman Brothers banks, BAE Systems (BAES.L) and Olympus (7733.T) "would strongly suggest that audit is not working as it should."

More robust supervision is needed and "more diversity in what is an overly concentrated market, especially at the top end," he said.

Just four audit firms -- Ernst & Young, Deloitte, KPMG, and PwC -- check the books of most blue-chip companies in the world, a situation the Commission said was "in essence an oligopoly."

Under Barnier's plan big audit firms -- the four top ones -- will have to separate audit activities from non-audit activities, such as tax and other advisory services -- "to avoid all risks of conflict of interest."

REBRANDING

Claire Bury, one of Barnier's top officials, said the plans, if approved by EU states and the European Parliament, would have an impact on the business models of the Big Four.

The audit and non-auditing operations of the big firms, defined as having a revenues of more than 1.5 billion euros in the EU, would have to have separate legal ownership structures.

"The will have to change names as well. I suppose we will have branding issues at the end of the day," Bury told a press briefing.

Public tendering of audit work by listed companies would be compulsory and include consideration of second-tier auditors.

Commission officials indicated that as the measure dealt with major structural reform of the market, the industry would need time to adapt but they hoped the new rules would be in place within 3-5 years.

"It's not something that can be rushed through," Barnier's spokeswoman said.

EU states and the European Parliament will have the final say on Barnier's draft law, a process that involves haggling and likely changes.

ROTATE

Barnier, under pressure from some fellow commissioners, dropped at the last minute a key element of his plans -- mandating "joint audits" of listed companies as a way to improve audit quality and help smaller auditors have experience of checking the books of big companies.

Instead, he has tried to introduce incentives to encourage joint audits by finessing another part of the measure -- the mandatory switching or rotation of auditors.

A sole auditor would only be allowed to audit the same firm for up to eight years but, if a joint audit was being done, this mandate could be extended up to 12 years.

An audit firm would not be allowed to offer non-auditing services, such as tax and other consultancy services, to a company it is auditing.

The EU plan also bans so-called loan covenants whereby banks lend money to companies on condition they are audited by one of the Big Four.

Officials from the big audit firms have warned that audit costs will increase and quality could suffer but their smaller rivals welcome Barnier's plans, which would open the door to new business for them.

The UK Competition Commission is already probing the sector and regulators in the United States are looking at audit firm rotation as well.

(Reporting by Huw Jones; Editing by Helen Massy-Beresford)




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