Accountancy Europe has submitted a letter to the International Ethics Standards Board for Accountants (IESBA) as part of its Post-Implementation Review (PIR) of the Non-Compliance with Laws and Regulations (NOCLAR) provisions.
Rather than completing the survey, which is primarily directed at professional accountants, auditors and firms with practical experience of applying the provisions, Accountancy Europe provided input from its member bodies on how NOCLAR, or equivalent requirements, has been implemented across Europe.
The feedback shows that implementation varies between jurisdictions. In some countries, the NOCLAR provisions have been adopted through the IESBA Code, legislation or professional standards. In others, the underlying principles are reflected through national law, professional regulation or whistleblowing frameworks.
Information received from 23 European jurisdictions shows that 14 have fully adopted the IESBA NOCLAR provisions and a further two have partially adopted them. In most of the remaining jurisdictions, equivalent or converged requirements exist through national legislation and/or professional regulation. Overall, the feedback suggests that the objectives of NOCLAR are reflected across Europe through a combination of direct adoption and equivalent national requirements, without indicating significant implementation gaps requiring fundamental changes to the provisions.
