Warning

The content on this page has been converted from PDF to HTML format using an artificial intelligence (AI) tool as part of our ongoing efforts to improve accessibility and usability of our publications. Note:

  • No human verification has been conducted of the converted content.
  • While we strive for accuracy errors or omissions may exist.
  • This content is provided for informational purposes only and should not be relied upon as a definitive or authoritative source.
  • For the official and verified version of the publication, refer to the original PDF document.

If you identify any inaccuracies or have concerns about the content, please contact us at [email protected].

Technical Note - Legislative References (December 2019)

TECHNICAL NOTE

LEGISLATIVE REFERENCES IN REVISED ETHICAL AND AUDITING STANDARDS AND EU EXIT

The November 2019 standards have been revised using legislative references from legislation passed by Parliament as part of the EU Exit process. This has been done to ensure that the standards remain up to date. The purpose of this note is to set out the corresponding EU legislative references which remain applicable through to either: the date that the UK leaves the EU; or the end of any transitional period, whichever is the longer.

Subject Legislative reference per EU Exit legislation Legislative reference through to exit date, or the end of any transitional period
Documentation 1.66 Regulations 79, 80 and 91 of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (SI 2019/177) Articles 4, 5 and 17 of EU Regulation 537/2014
Fee Cap 4.14 – 4.16 Regulation 80 of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (SI 2019/177) Article 5 of EU Regulation 537/2014
Non-Audit Services Cap 5.40 Regulations 79 and 80 of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (SI 2019/177) Articles 4 and 5 of EU Regulation 537/2014
Restructuring Services – Appendix C Regulation 80 of The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 (SI 2019/177) Article 5 of EU Regulation 537/2014

Financial Reporting Council

December 2019

8th Floor, 125 London Wall, London EC2Y 5AS Tel: +44 (0)20 7492 2300 Fax: +44 (0)20 7492 2301 www.frc.org.uk The Financial Reporting Council Limited is a company limited by guarantee. Registered in England number 2486368. Registered office: as above. Please see our privacy page if you would like to know more about how the FRC processes personal data or if you would like to stop receiving FRC news, events, outreach or research related communications.

File

Name Technical Note - Legislative References (December 2019)
Publication date 27 September 2023
Type Guidance
Format PDF, 81.5 KB
Download original
Back to top