VEON Ltd. Announces New Auditor Appointment and Compliance Strategy

In a significant corporate development, VEON Ltd. (VEON), an Amsterdam-based telecommunications powerhouse, has introduced UHY LLP as the new auditors for their 2023 audit mandated by the Public Company Accounting Oversight Board (PCAOB). This strategic decision reflects the company's dedicated efforts to uphold stringent auditing standards and transparency in financial reporting. A comprehensive compliance plan has also been formulated and shared with Nasdaq to ensure adherence to listing requirements and to foster investor confidence.

Strengthening Corporate Governance

As a testimony to its robust corporate governance, VEON (VEON) has methodically selected UHY LLP for their proficiency in auditing, which is expected to fortify the company's financial oversight. The collaboration is aimed at delivering an in-depth PCAOB audit for the year 2023 and is pivotal in maintaining the high trust placed by the shareholders and the broader investment community.

Proactive Compliance and Investor Relations

Alongside the appointment of a reputed auditor, VEON has also taken proactive steps to ensure its operative alignment with Nasdaq's stringent regulations. The company's submission of a detailed compliance plan not only illustrates its dedication to regulatory adherence but also underscores its commitment to transparent communication with stakeholders. This strategic move is anticipated to enhance the company's standing on the Nasdaq platform and solidify its reputation within the global investment milieu.

VEON, Audit, Nasdaq