(Finance) – Il National Council of Accountants has put the new ones out for public consultation Rules of conduct of the board of statutory auditors of listed companiesa document that updates and integrates the contents of the version published in 2018. In addition to a renewed exposition order, the changes made intend to adapt the contents of the Rules of Conduct to the evolution of the regulatory framework, which also occurred following the definitive entry into force of the Corporate Crisis and Insolvency Code, and the new Principles and Recommendations of the Corporate Governance Code approved in January 2020.
From this perspective, the importance of ordinary collaboration and the continuous exchange of information with the company functions that carry out specific internal control tasks, with the board committees and, in particular, with the control and risk committee, was underlined. when existing. In consideration of duties relating to supervision on the adequacy of the internal control system and the administrative-accounting system and on the reliability of the latter in correctly representing management facts, pursuant to art. 149 TUF to be read today, in combination with what is also provided for in the Corporate Crisis and Insolvency Code and the powers relating to the control of the effectiveness of the internal quality control and risk management systems of the company, the Rules have been revised and integrated into the contents favoring this perspective. At the same time, the attention shown in the European context to sustainability issues and policies which, in internal implementation, has led to new supervisory obligations for the board of statutory auditors, has made it necessary to pay, more than what has been done in the past, attention to these themes.