“The circular broadens the responsibility of auditors in relation to clients’ investment positions”, stated Tomás Gómez, partner and director of GOMARQ Consulting. […] This circular is in line with others approved recently on internal control and half-yearly reports by custodians [companies which hold investors’ securities]. “The CNMV is setting up an oversight system wherein all players mutually control on another, from fund managers to audit firms”, states Gómez.