UK: The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) (No. 2) Regulations 2020
The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) (No. 2) Regulations 2020 were laid before Parliament a couple of days ago: see here or here (pdf). The accompanying explanatory memorandum – available here (pdf) – explains the purpose of the Regulations as follows (para. 2.1): to “make amendments to previously made legislation to prepare the United Kingdom’s … audit regulatory regime for the end of the Transition Period. It will grant states of the European Economic Area (the EEA States) and Gibraltar approval as equivalent third countries and their audit regulatory authorities status as ‘approved third country competent authorities‘ on account of the adequacy of their arrangements for the transfer of audit working papers and investigation reports“.