# Financial Services and Markets Act 2000, Section 339A: General duties of PRA in relation to auditors


(1) The arrangements maintained by the PRA under section 2K (supervision of PRA-authorised persons) must include arrangements for—
(a) the sharing with auditors of PRA-authorised persons of information that the PRA is not prevented from disclosing, and
(b) the exchange of opinions with auditors of PRA-authorised persons.
(2) The PRA must issue and maintain a code of practice describing how it will comply with subsection (1).
(3) The PRA may at any time alter or replace a code issued under this section.
(4) If a code is altered or replaced, the PRA must issue the altered or replacement code.
(5) When the PRA issues a code under this section the PRA must—
(a) give a copy of the code to the Treasury, and
(b) publish the code in such manner as the PRA thinks fit.
(6) The Treasury must lay before Parliament a copy of the code.
(7) “Auditor” means an auditor appointed under or as a result of a statutory provision.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/339A (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-339A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.