Living or owning property in France is a dream shared by many, but financial, fiscal and practical issues must be considered before ‘taking the plunge’. This section of our website looks at the many aspects of living, working, retiring or just investing in France.
On the following pages we have provided financial and market information, advice and contacts to do with living in France and the financial side of your property purchase on the Riviera.
We hope you find these article’s informative.
YOUR HELP – we are compiling a list of articles and discussion documents on this page related to financial, investment and lifestyle issues in France. If you come across any relevant and interesting articles that you think could help others buying in France, please submit to Dennis Broadfield at Totally Riviera.
A letter has been issued to the heads of Senate Banking Committee by the American Institute of CPA’s, pledging them not to permit the systemic risk regulator to amend the accounting services standards in the financial regulatory reform legislation which they are they are planning out.
This letter is basically an effect of a letter sent to the Banking Committee by the trade groups, who pressurized the committee heads for a Bill that had been undermined in the financial regulatory reform legislation of December. This bill included the authority of the Financial Stability Council to alter and revise the accounting standards that could be dangerous for the stability of the U.S. financial systems.
The letter sent by the industry groups asked for considering accounting policy as part of financial reform and “to address potential systemic risks associated with accounting policy.” However, AICPA responded in its own way and propelled a response to the traders’ letter in which they protested to the fact that systemic risks can be linked with accounting policy and urged the requirement of an independent accounting standard-setting process for financial accounting services.