Information regarding Application forms for the registration of a third country audit entity.
Information regarding Application forms for the registration of a third country audit entity
- under article 2 of European Commission Decision of 19 January 2011 (2011/30/EU) or European Commission Decision of 29 July 2008 concerning a transitional period for audit activities of certain third country auditors and audit entities (2008/627/EC), and the Auditors Act (2001:883), or
- under the article 45 of the Directive 2006/43/EC of 17 May 2006 on statutory audits of annual accountants and consolidated accounts (the Directive), and the Auditor's Act.
Third country audit entities can use forms below in order to apply for registration with the Swedish Inspectorate of Auditors (the Inspectorate). Definitions of third country audit entities are found in sections 2 and 16 b of the Auditor's Act (2001:883).
Registration of a third country audit entity with the Inspectorate must be undertaken if the entity audits the annual or consolidated accounts of a company incorporated outside the European Union/European Economic Area whose transferable securities are admitted to trading on a regulated market in Sweden, except when the company is an issuer exclusively of debt securities admitted to trading on a regulated market within the meaning of Article 2.1 (b) of Directive 2004/109/EC, the denomination per unit of which is at least EUR 50 000 per unit or, in case of debt securities denominated in another currency, equivalent, at the date of issue, to at least EUR 50 000.
Form A can only be used by a third country audit entity whose home country is one of the third countries to which the European Commission has granted a transitional period under article 2 of decision 2011/30/EU or under decision 2008/627/EC in accordance with Article 46.2 of the Directive 2006/43/EC, and who is able to meet the conditions laid down in the Commission Decisions 2011/30/EU or 2008/627/EC, as reflected in these forms.
Form B must be used by a non EU/EEA auditor or audit entity whose home country is not listed in the decisions referred to above.