Recital 8

(8)The Committee of European Auditing Oversight Bodies has reassessed the legal framework of the United Kingdom. Taking into account the technical assessment, referred to in Article 30(7), point (c), of Regulation (EU) No 537/2014 of the European Parliament and of the Council ⁴ , of the Committee of European Audit Oversight Bodies, the Financial Reporting Council meets requirements that should be declared adequate for the purposes of Article 47 of Directive 2006/43/EC.