Section of third-country auditors and audit entities

                                                                                                               Italian Version

A separate section of the Italian register of statutory auditors relating to auditors and audit entities of third countries was set up at the Ministry of Economy and Finance, in application of Article 34, par. 1 of Legislative Decree no. 39 of 2010 and in compliance with articles 45 and 46 of Directive 2006/43/EC.

The Section of third-country auditors and audit entities is divided into two parts:

• Part A includes the auditors and audit entities of third countries referred to in Article 34, paragraph 1 of Legislative Decree 39/2010 which, after verifying certain requirements and in compliance with Article 45 of Directive 2006/43/EC, submit an audit report on the annual or consolidated financial statements of a company with registered office outside the Union whose securities are admitted to trading on a regulated market of the EU-member State pursuant to Article 4, paragraph 1, point 14) of Directive 2004/39 / EC, with the exception of specific cases dictated in par. 1, letters a) and b)
• Part B includes the auditors and audit entities of third countries referred to in Article 34, paragraph 1 of Legislative Decree no. 39 of 2010, but, in this case, in compliance with Article 36 of the aforementioned decree, i.e. subjects based in third countries considered as "equivalent" according to Art. 46 of directive 2006/43/EC. In other words, the EU-law allows each EU-member State not to apply (or modify) the requirements of Art. 45 (1), (3) if the applicants are based in a third country where they are subjected to systems of public control, quality control, investigations and sanctions with equivalent requirements to those referred to in articles 29, 30 and 32 of the European Directive.

The information collected for the purpose of registration in the Section of third-country auditors and audit entities is stored in electronic form, accessible free of charge on the website of the Ministry of Economy and Finance. The registered subjects are responsible for the data provided. It is mandatory to update the information provided through the appropriate forms (in blu da aggiungere quando predisporremo i moduli) attaching, if necessary, the proving documentation.

The registration does not enable the applicants to carry out the statutory audit in Italy.

For more information, please refer to the Regulation concerning the conditions for registration in the Section of third-country auditors and audit entities, available on the right.

Registration fee and payment methods (Article 13, of-Ministerial Decree 1 September 2022 no. 174)

At the time of submitting the application for registration in the Section of auditors and auditing bodies of third countries, the applicants are also required to pay a fixed contribution, determined in € 150.00, to cover administrative costs.

The payment must be made through ordinary bank transfer to the beneficiary “Consip S.p.A.”.

IBAN: IT 32 M 07601 03200 000033862038 – BIC/SWIFT: BPPIITRRXXX

Please, indicate as reason for payment: “Third-country Registration, Part A, Name of the applicant”

Please, remind to attach the payment receipt to the Application form.

References:

Dr. Iucci Cinzia

Administrative Officer

General Inspectorate of Finance – Office XIV

cinzia.iucci@mef.gov.it

Dr. Petruzzi Antonello

Financial Officer

General Inspectorate of Finance – Office XIV

antonello.petruzzi@mef.gov.it