The Statutory Auditors and Third Country Auditors Regulations 2016

60.—(1) Paragraph 10A is amended as follows. U.K.

(2) For sub-paragraph (2) substitute—

“(2) The rules and practices mentioned in sub-paragraph (1) must include provision requiring compliance with any standards for the time being determined by the competent authority under the Statutory Auditors and Third Country Auditors Regulations 2016.”.

(3) For sub-paragraph (3) substitute—

“(3) The body must have rules and practices ensuring that group auditors retain copies of any documents necessary for the purposes of any review in accordance with those standards.”.

(4) Omit sub-paragraphs (4) to (6).