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Government approves the Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019

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28 Feb 2019

The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (SI 2019/177) have been approved by the government.

The regulations set out some of the changes to be made to the framework for the regulatory oversight and professional recognition of statutory auditors and third country auditors in the UK, although the timing of when they become effective is dependent on other agreements made in the broader scheme of the UK’s exit from the EU.

In addition, the government has approved The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019 (SI 2019/348), which make consequential amendments to the Companies Act 2006 and related secondary legislation.

Please click to access SI 2019/177 here.

Please click to access SI 2019/348 here.

Our related Need to know publication is available here.

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