The Supervision of Accounts and Reports (Prescribed Body) and Companies (Defective Accounts and Reports) (Authorised Person) Order 2021

is a body having an interest in, and having satisfactory procedures directed to, monitoring compliance by issuers of transferable securities with accounting requirements imposed by Part 6 rules2 in relation to periodic accounts and reports produced by such issuers;

is otherwise a fit and proper body to be appointed to exercise the functions mentioned at section 14(2) of the Companies (Audit, Investigations and Community Enterprise) Act 20043;

will exercise its functions as a prescribed body in accordance with the requirements of this Order;

is a person having an interest in, and having satisfactory procedures directed to, securing compliance by companies with the requirements of the Companies Act 20064 relating to accounts and reports;

is a person having satisfactory procedures for receiving and investigating complaints about companies’ annual accounts and reports;

is otherwise a fit and proper person to be authorised for the purposes of section 456(1)5 of the Companies Act 2006; and

will exercise its functions as an authorised person in accordance with the requirements of this Order.