HM Treasury has published a Consultation Paper entitled Consultation on EC Directives: 2006/43/EC (Statutory Audit Directive) and 2006/46/EC (amending the Accounting Directives). The Consultation Paper sets out HM Treasury’s proposals for implementing the following EC Directives in relation to building societies and friendly societies:

  • Directive 2006/43/EC on the statutory audits of annual accounts and consolidated accounts.
  • Directive 2006/46/EC on the annual and (consolidated) accounts of certain types of companies (banks, other financial institutions and insurance undertakings).

The deadline for comments on the Consultation Paper is 29 February 2008.

View Consultation on EC Directives: 2006/43/EC (Statutory Audit Directive) and 2006/46/EC (amending the Accounting Directives), 4 January 2008