# The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2018, Regulation 99: Amendment of Regulation 537/2014


In Article 25 (cooperation with other competent authorities at national level)—
(a) in the first subparagraph—
(i) for “Competent authorities designated pursuant to Article 20(1)” substitute “The competent authority”;
(ii) for “any authority” substitute “any body”;
(iii) for “such a” substitute “the”;
(iv) omit “at national level”;
(v) for point (a), substitute—
“(a) the body designated by the Secretary of State under section 1252 of the Companies Act 2006;”;
(vi) for point (b), substitute—
“(b) the Financial Conduct Authority;”;
(vii) for point (c), substitute—
“(c) the body appointed to exercise the functions mentioned at section 14(2) of the Companies (Audit, Investigations and Community Enterprise) Act 2004;
(d) the person authorised for the purposes of section 456 of the Companies Act 2006; or
(e) the National Crime Agency and the supervisory authorities referred to in regulation 7 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.”;
(b) in the second subparagraph—
(i) for “obligation of professional secrecy” substitute “restrictions on disclosure”;
(ii) for “Article 22 of this Regulation shall” substitute “section 1224A of the Companies Act 2006”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174333/regulation/99 (the official version)
Page: https://openlegislation.uk/draft-statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2018/regulation-99
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.