
Article 1 
The Ministry of Finance and the Securities Regulatory Commission of the People’s Republic of China meet requirements which shall be considered adequate within the meaning of Article 47(1)(c) of Directive 2006/43/EC for the purposes of transfers of audit working papers or other documents and of inspection and investigation reports under Article 47(1) of Directive 2006/43/EC.
Article 2 
Member States shall ensure that where audit working papers or other documents held by statutory auditors or audit firms are exclusively held by a statutory auditor or audit firm registered in a Member State other than the Member State where the group auditor is registered and whose competent authority has received a request from any of the authorities referred to in Article 1, such papers or documents shall be transferred to the requesting competent authority only if the competent authority of the first Member State has given its express agreement to the transfer.
Article 3 
This Decision shall apply from 15 November 2019 until 14 November 2024.
Article 4 
This Decision is addressed to the Member States.
Done at Brussels, 6 November 2019.
For the Commission
Valdis DOMBROVSKIS
Vice-President