1.

Member States may allow the transfer to the competent authorities of a third country of audit working papers or other documents held by statutory auditors or audit firms approved by them, provided that: those audit working papers or other documents relate to audits of companies which have issued securities in that third country or which form part of a group issuing statutory consolidated accounts in that third country; the transfer takes place via the home competent authorities to the competent authorities of that third country and at their request; the competent authorities of the third country concerned meet requirements which have been declared adequate in accordance with paragraph 3; there are working arrangements on the basis of reciprocity agreed between the competent authorities concerned; the transfer of personal data to the third country is in accordance with Chapter IV of Directive 95/46/EC.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.