The Data Reporting Services Regulations 2024

Communications by auditors

This section has no associated Explanatory Memorandum

30.  The Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 2001(1) apply with respect to the auditor of a data reporting service provider as if—

(a)each reference to an authorised person were a reference to a data reporting service provider;

(b)each reference to a recognised body were omitted;

(c)each reference to the PRA were omitted;

(d)each reference to the Bank of England were omitted;

(e)in regulation 1(2) (citation, commencement and interpretation) “relevant requirement” means a requirement which is imposed by or under these Regulations;

(f)in regulation 2(2)(a)(ii) (circumstances in which an auditor is to communicate) the reference to functions were a reference to the FCA’s functions under these Regulations and under FSMA 2000 as applied by these Regulations;

(g)in regulation 2(2)(b) the reference to threshold conditions were a reference to the conditions in regulation 8 of these Regulations.