Oireachtas Joint and Select Committees
Wednesday, 21 February 2018
Select Committee on Jobs, Enterprise and Innovation
Companies (Statutory Audits) Bill 2017: Committee Stage
2:45 pm
Heather Humphreys (Cavan-Monaghan, Fine Gael)
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I move amendment No. 12:
In page 40, line 32, to delete “and anonymous”.
I am proposing this amendment to section 37 for clarity and to align the wording of this section with the EU audit directive. Section 37 provides that the IAASA must, as required by Article 30f of the EU audit directive, provide aggregated information annually on all sanctions and measures imposed under the EU audit directive for publication in the annual report of the Committee of European Auditing Oversight Bodies. This amendment deletes the word "anonymous" regarding the information that must be supplied as this is not required by the audit directive. Accordingly, the text of the new section 936B will better reflect the requirements of the audit directive.