Article 13 Transparency report
United Kingdom
A statutory auditor F1... that carries out F2the statutory audit of a public interest entity shall make public an annual transparency report at the latest four months after the end of each financial year. That transparency report shall be published on the website of the statutory auditor F3... and shall remain available on that website for at least five years from the day of its publication on the website. F4...
A statutory auditor F5... shall be allowed to update its published annual transparency report. In such a case, the statutory auditor F6... shall indicate that it is an updated version of the report and the original version of the report shall continue to remain available on the website.
Statutory auditors F7... shall communicate to the competent authorities that the transparency report has been published on the website of the statutory auditor F8... or, as appropriate, that it has been updated.
The annual transparency report shall include at least the following:
a description of the legal structure and ownership of the F9statutory auditor, if it is a firm;
where the statutory auditor F10... is a member of a network:
- (i)
a description of the network and the legal and structural arrangements in the network;
- (ii)
F11the name of each member of the network that is eligible for appointment as a statutory auditor, or is eligible for appointment as an auditor in an EEA State or in Gibraltar;
- (iii)
F12for each of the members of the network identified under paragraph (ii), the countries in which they are eligible for appointment as auditors or in which they have a registered office, central administration or a principal place of business;
- (iv)
F13the total turnover of the members of the network identified under paragraph (ii) resulting from statutory audit work or equivalent work in the EEA States or Gibraltar;
a description of the governance structure of the F14statutory auditor, if it is a firm;
an indication of when the last quality assurance review referred to in Article 26 was carried out;
a list of public-interest entities for which the statutory auditor F17... carried out statutory audits during the preceding financial year;
a statement concerning the statutory auditor's F18... independence practices which also confirms that an internal review of independence compliance has been conducted;
a description of the statutory auditor's F23... policy concerning the rotation of key audit partners and staff in accordance with Article 17(7);
The statutory auditor F30... may, in exceptional circumstances, decide not to disclose the information required in point (f) of the first subparagraph to the extent necessary to mitigate an imminent and significant threat to the personal security of any person. The statutory auditor ... shall be able to demonstrate to the competent authority the existence of such threat.
The transparency report shall be signed by the statutory auditor F31....
Annotations
Textual amendments
- F1
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(i)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F2
Words in Art. 13(1) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(i)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F3
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(i)(cc); 2020 c. 1, Sch. 5 para. 1(1)
- F4
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(i)(dd); 2020 c. 1, Sch. 5 para. 1(1)
- F5
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(ii)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F6
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(ii)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F7
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(iii)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F8
Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(a)(iii)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F9
Words in Art. 13(2)(a) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(i); 2020 c. 1, Sch. 5 para. 1(1)
- F10
Words in Art. 13(2)(b) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(ii); 2020 c. 1, Sch. 5 para. 1(1)
- F11
Art. 13(2)(b)(ii) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(iii); 2020 c. 1, Sch. 5 para. 1(1)
- F12
Art. 13(2)(b)(iii) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(iv); 2020 c. 1, Sch. 5 para. 1(1)
- F13
Art. 13(2)(b)(iv) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(v); 2020 c. 1, Sch. 5 para. 1(1)
- F14
Words in Art. 13(2)(c) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(vi); 2020 c. 1, Sch. 5 para. 1(1)
- F15
Words in Art. 13(2)(d) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(vii)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F16
Words in Art. 13(2)(d) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(vii)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F17
Words in Art. 13(2)(f) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(viii); 2020 c. 1, Sch. 5 para. 1(1)
- F18
Words in Art. 13(2)(g) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(ix); 2020 c. 1, Sch. 5 para. 1(1)
- F19
Words in Art. 13(2)(h) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(x)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F20
Words in Art. 13(2)(h) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(x)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F21
Word in Art. 13(2)(i) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xi)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F22
Words in Art. 13(2)(i) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xi)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F23
Words in Art. 13(2)(j) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xii); 2020 c. 1, Sch. 5 para. 1(1)
- F24
Word in Art. 13(2)(k) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xiii)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F25
Words in Art. 13(2)(k) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xiii)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F26
Word in Art. 13(2)(k)(i) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xiv)(aa); 2020 c. 1, Sch. 5 para. 1(1)
- F27
Words in Art. 13(2)(k)(i) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xiv)(bb); 2020 c. 1, Sch. 5 para. 1(1)
- F28
Word in Art. 13(2)(k)(ii) substituted (31.12.2020) by The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xv); 2020 c. 1, Sch. 5 para. 1(1)
- F29
Words in Art. 13(2)(k)(iii) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(b)(xvi); 2020 c. 1, Sch. 5 para. 1(1)
- F30
Words in Art. 13(2) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(c); 2020 c. 1, Sch. 5 para. 1(1)
- F31
Words in Art. 13(3) omitted (31.12.2020) by virtue of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/177), regs. 2, 87(d); 2020 c. 1, Sch. 5 para. 1(1)