How are Member States adopting the EAR?

The regulatory environment for businesses across Europe is largely affected by individual Member State legislations. As the EU Audit Reform (EAR) contains several options for EU Member States that extend beyond the EU baseline measures, rules can vary from one Member State to the next. Our aim is to provide you with a detailed overview of how local legislation is being adopted.

To implement the EAR, each Member State was required to align the EU legislation with its national legislation before 17 June 2016. However, several member states are still in the process of finalizing their respective laws. Because Member States have 51 options in the Directive and 32 in the Regulation one can find a patchwork of diverging national rules in the EU. Mazars will keep you informed of local legislations, and provide you with a detailed overview of the national laws in place as they are being adopted.