---
title: "The Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023"
id: 6aac988b-98b4-4d7d-9df3-91db1cda134f
authority: uk
place: "United Kingdom"
applies_also_from: []
kind: regulation
in_force: true
publisher_url: https://www.legislation.gov.uk/uksi/2023/975
attribution: "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
solon_url: https://solon.orangecat.ch/law/6aac988b-98b4-4d7d-9df3-91db1cda134f
language: en
in_force_from: 2024-05-08
date_basis: publisher
status: consolidated
source_url: https://www.legislation.gov.uk/uksi/2023/975/data.xml
read_on: 2026-11-10
sha256: 5668b8bea795bd6fa52434f52377d639b3f12eb946d5088a10f6bb5397224e17
provisions: 7
---

# The Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023

## Title and introductory text {#prelims}

2023 No. 975
Companies
The Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023
Made
31st August 2023
Laid before Parliament
6th September 2023
Coming into force
29th September 2023
The Secretary of State, in exercise of the powers conferred by sections 464(1) and (3) and 468 of the Companies Act 2006 and by section 14A of the Interpretation Act 1978, makes the following Regulations.

## 1 Citation, commencement and extent {#regulation-1}

(1) These Regulations may be cited as the Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023.
(2) These Regulations come into force on 29th September 2023.
(3) These Regulations extend to the whole of the United Kingdom.

## 2 Amendment to the Accounting Standards (Prescribed Bodies) (United States of America and Japan) Regulations 2015 {#regulation-2}

The Accounting Standards (Prescribed Bodies) (United States of America and Japan) Regulations 2015 are amended in accordance with regulations 3 to 6.

## 3 Amendment to regulation 1 {#regulation-3}

(1) Regulation 1 (citation, commencement and expiry) is amended as follows.
(2) For the heading of regulation 1 substitute—
Citation and commencement
.
(3) Omit paragraph 3.

## 4 New regulation 5A {#regulation-4}

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

## 5 Substitution of regulation 8 {#regulation-5}

For regulation 8 (review) substitute—
8. (1) The Secretary of State must from time to time—
(a) carry out a review of these Regulations;
(b) set out the conclusions of the review in a report; and
(c) publish the report.
(2) The report must in particular—
(a) set out the objectives intended to be achieved by these Regulations;
(b) assess the extent to which those objectives are achieved; and
(c) assess whether those objectives remain appropriate and, if so, the extent to which they could be achieved with a system that imposes less regulation.
(3) The first report under this regulation must be published before 30th September 2028.
(4) Reports under this regulation are afterwards to be published at intervals not exceeding five years.
.

## 6 Substitution of regulation 8 {#regulation-6}

Omit regulation 9 (review).