Amendments To The Law "on Sworn Auditors"

Original Language Title: Grozījumi likumā "Par zvērinātiem revidentiem"

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Read the untranslated law here: https://www.vestnesis.lv/ta/id/205682

The Saeima has adopted and the President promulgated the following laws: the amendments to the law "on sworn auditors" make law "on sworn auditors" (Latvian Saeima and the Cabinet of Ministers rapporteur, 2001, no. 12; 2004, nr. 4; 2007; 2008, 10 No No 14; 2009, 6. nr.) the following amendments: 1. Express article 33, second and third subparagraph by the following: "(2) sworn or certified auditor the auditor of the company will be obliged to submit the written report of the financial and capital market Commission of the facts that audit services and expert or trust during the execution of the task have been discovered in the financial institution or payment authority and financial institutions, as well as payment institutions or its regulatory laws, infringement, or other facts that are at risk due to these institutions or payment institutions obligations or further action or sworn auditor disclaims an opinion.
(3) sworn or certified auditor the auditor of the company will be obliged to submit the written report of the financial and capital market Commission of the second part of the above facts, which were discovered, providing audit services to the client, which with the financial institution or payment authority binds the decisive impact a relationship or a close relationship by way of control, or the performance of such a client would give expert or trust task. "
2. Add to the informative reference to European Union directive to point 7 by the following: ' 7) the European Parliament and of the Council of 13 November 2007 Directive 2007/64/EC on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC ".
The law will enter into force simultaneously with the payment Services Act.
The Parliament adopted the law on 11 February 2010.
The President of the Parliament instead of the President g. Many Riga 2010 February 25