Companies Act 2014 section 1570

Particulars of working arrangements to be notified

Section 1570 requires the Supervisory Authority to publish and notify details of any working arrangements it enters into with third-country competent authorities for the transfer of audit documentation.

• When the Supervisory Authority agrees working arrangements with a third-country competent authority, it must publish the details on its website without delay.
• The published particulars must include the name of the third-country competent authority.
• The published particulars must also include the jurisdiction in which that authority is established.
• In addition to website publication, the Supervisory Authority must notify the European Commission of the working arrangements.