ICAEW launches new European arm

The Institute of Chartered Accountants in England and Wales (ICAEW) has opened its third international branch, based in Brussels, which will bring together all the body's work across the European region.

The new arm will be the ICAEW’s third international region and follows the launches of the South East Asia (Singapore) and the Middle East (Dubai) regions in 2009.

The Europe Region is headquartered in Brussels and will cover the European Union (excluding the UK) and European Economic Area countries as well as those countries in the process of or looking at accessing the EU. It will be headed up by European regional danirector Martin Manuzi.

The accounting body said the new region aimed to increase access to its qualifications and engage with EU institutions on technical and regulatory issues and consultations.

The ICAEW currently offers training for the  ACA qualification in Cyprus, Greece and Romania and is working with the profession to improve audit quality and oversight in Greece, Bulgaria and Romania.

“The need for high-quality financial information has never been greater whether in Europe or any other region across the world. Through working with key stakeholders and increasing access to our qualifications, we can contribute to meet this need,” said Manuzi.