France set to overhaul audit supervisory authority

The French High Council of Statutory Auditors will be renamed and reshaped to reflect the inclusion of non-financial audit supervision in the institute’s mandate

A new authority for assurance will be established in France, replacing Le Haut Conseil du Commissariat aux Comptes (the High Council of Statutory Auditors, known as H3C), to better integrate the supervision of sustainability assurance, as legislated under the EU Corporate Sustainability Reporting Directive, which will come into force in January 2024.