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| 53) | Shall the natural persons who carry out the statutory audits on behalf of the audit firm satisfy the conditions imposed by Articles 4 and 6 to 12 of the Audit Directive, including the additional specific requirements of Articles 7(2), Article 8(3), the second subparagraph of Article 10(1) and the fourth subparagraph of Article 14(2) of the Audit Directive? Shall the natural persons holding voting rights in an audit firm satisfy also the conditions imposed by Articles 4 and 6 to 12 of the Audit Directive, including the additional specific requirements of Articles 7(2), Article 8(3), the second subparagraph of Article 10(1) and the fourth subparagraph of Article 14(2) of the Audit Directive, even if the audit firm does not plan to provide assurance of sustainability reporting? What about the requirements for the natural persons who compose the administrative or management body of the audit firm? Article 3 of the Audit Directive – regulating the approval of statutory auditors and audit firms – provides that competent authorities may approve statutory auditors and audit firms only if certain conditions are met. The conditions referred to in Article 3(3) of the Audit Directive for the approval of statutory auditors cross-refer to Articles 4 and 6 to 10 of the Audit Directive, while the conditions referred to in Article 3(4) of the Audit Directive for the approval of audit firms cross-refer to Articles 4 and 6 to 12 of the Audit Directive. The wording of Article 4 of the Audit Directive covering good repute is broad enough to also apply to the assurance of sustainability reporting, while Articles 6 to 12 of the Audit Directive have been amended in order to explicitly apply to the assurance of sustainability reporting. Where a statutory auditor or audit firm wishes to be approved to provide assurance on sustainability reporting it will have to comply with all the relevant requirements in national law transposing the Audit Directive as regards the assurance of sustainability reporting, including those referred to in Article 3(4) of the Audit Directive. Compliance with requirements for the assurance of sustainability reporting is not mandatory for the approval under Article 3 of the Audit Directive of a statutory auditor or audit firm that does not provide assurance on sustainability reporting.

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Source: EUR-Lex (Cellar) · retrieved 2026-09-07 · Text as adopted (Official Journal); later amendments are not incorporated in this text.