+Article 47 2.

Article 47 2.

The working arrangements referred to in paragraph 1(d) shall ensure that:

(a) 

justification as to the purpose of the request for audit working papers and other documents is provided by the competent authorities;

(b) 

the persons employed or formerly employed by the competent authorities of the third country that receive the information are subject to obligations of professional secrecy;

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(ba) 

the protection of the commercial interests of the audited entity, including its industrial and intellectual property, is not undermined;

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(c) 

the competent authorities of the third country may use audit working papers and other documents only for the exercise of their functions of public oversight, quality assurance and investigations that meet requirements equivalent to those of Articles 29, 30 and 32;

(d) 

the request from a competent authority of a third country for audit working papers or other documents held by a statutory auditor or audit firm can be refused:

— 
where the provision of those working papers or documents would adversely affect the sovereignty, security or public order of the Community or of the requested Member State, or

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— 
where judicial proceedings have already been initiated in respect of the same actions and against the same persons before the authorities of the requested Member State, or
— 
where final judgment has already been passed in respect of the same actions and on the same statutory auditors or audit firms by the competent authorities of the requested Member State.

1. Prezentare generală

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1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe

3. Standarde asociate

Standarde