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On 10 January 2011 the UK's Professional Oversight Board and the US Public Company Accounting Oversight Board signed an information sharing agreement with the aim of increasing the level of co-operation of their oversight and inspection of audit firms
The arrests of Bernard Madoff and Allen Stanford in December 2008 and June 2009 respectively, and the resulting litigation and investigations, have prompted a raft of notifications to D&O, PI and FidelityBBB policies since late 2008
