Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

REC 3.7 Auditors

REC 3.7.1RRP

Where the auditors of a UK recognised body cease to act as such, that UK recognised body must immediately give the FCA 1notice of that event, and the following information:

1
  1. (1)

    whether the appointment of those auditors expired or was terminated;

  2. (2)

    the date on which they ceased to act; and

  3. (3)

    if it terminated, or decided not to renew, their appointment, its reasons for taking that action or decision.

REC 3.7.2RRP

Where a UK recognised body appoints new auditors, that body must immediately give the FCA 1notice of that event, and the following information:

1
  1. (1)

    the name and business address of those new auditors; and

  2. (2)

    the date of their appointment as auditors.