Read the following mini case and answer the question that follows: Egypt has taken important steps to liberalize trade in financial services, in line with World Trade Organization (WTO) standards. Under Egyptian law, foreign investors are free to participate in the securities market without any ownership-related restrictions. The same administrative and legislative rules apply to both Egyptian companies and international financial organizations. Likewise, listing and trading rules are the same for both local and foreign securities. Finally, foreign investors are now free to engage in securities trading without any limitations on capital movement. Question: How will the above steps taken by the Egyptian government influence the financial reporting of multi- national companies who are interested in the Egyptian market? Rationalize your views. (4 Marks)