These Terms and Conditions of Use (the " Terms of Use ") govern your access to and use of this website www.8cld.eu (the " Website ") including the materials and information that are provided through this Website (the " Content ").

This Website contains general information only and such information should not be construed as legal, tax, accounting or any other professional advice or services or relied upon. You should consult a professional advisor familiar with your particular factual situation for advice.

These Terms of Use set forth the rights and obligations between you ("you" or "user") and the following entities: (a) Deloitte Touche Tohmatsu Limited; (b) EY Global Services Limited; (c) KPMG International; (d) PricewaterhouseCoopers International Limited; (e) Grant Thornton International Ltd; (f) BDO International Limited, as further described in Section E of these Terms of Use, together acting as the “European Contact Group” (the "ECG").

You acknowledge that by using this Website you have read, understand, accept and agree to be legally bound by these Terms of Use. If you do not agree to these Terms of Use, you must not use this Website and should immediately terminate your usage.

ECG may revise these Terms of Use at any time in its sole discretion by posting such revised Terms of Use at the Terms and Conditions of Use link (i.e. this webpage that you are currently viewing) or elsewhere in this Website. Such revisions shall be effective as to each user upon posting, unless explicitly stated by ECG. It is the responsibility of the user to be aware of any such revised Terms of Use by checking this webpage. Continued use of this Website following changes to these Terms of Use constitutes agreement to the revised Terms of Use.

A. Purpose and Content

The purpose of this Website is to share information with interested parties on:

1. The progress made by the 28 EU Member States and 3 EEA Member States in implementing Amending Directive 2014/56/EU of 16 April 2014 on the statutory audits of annual accounts and consolidated accounts. This Directive amends Directive 2006/43/EC which, in turn, amended Council Directives 78/660/EEC and 83/349/EEC and repealed Council Directive 84/253/EEC.
2. (2) The way in which the afore-mentioned Member States have taken up numerous options contained in Regulation 537/2014 of 16 April 2014 on specific requirements regarding statutory audit of public-interest entities and repealing Commission Decision 2005/909/EC.

ECG does not guarantee that this Website, or the Content on it, will always be available or be uninterrupted. ECG may suspend, withdraw, discontinue or change all or any part of this Website without notice. ECG may limit the availability of this Website to any person or geographic area at any time.

The Content on this Website is intended to furnish users with general information on matters that they may find to be of interest. ECG may update or modify the Content from time to time. Please note that any of the Content may be out of date at any given time, and ECG is under no obligation to update it.

B. Proprietary Rights and Restrictions; Copyright

You acknowledge and agree that ECG exclusively owns, or has licensed from third parties, the rights to use the Content made available to you on this Website or such Content has been made freely available by such third parties. On the condition that you comply with all of your obligations under these Terms of Use, you are authorized to view, copy, print, and distribute (but not modify) the Content on this Website; provided that such use is for informational, noncommercial purposes only. You agree to comply with all applicable laws in accessing and using this Website.

C. Disclaimer, Limitation of Liability and Related Provisions

THIS WEBSITE, INCLUDING THE CONTENT, IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT ANY WARRANTIES OR REPRESENTATIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. FOR THIS REASON, USERS SHOULD NOT ACT OR FAIL TO ACT ON THE BASIS OF CONTENT CONTAINED ON THIS WEBSITE. WITHOUT LIMITING THE FOREGOING, ECG DOES NOT WARRANT OR REPRESENT THAT THIS WEBSITE WILL BE AVAILABLE, UNINTERRUPTED, SECURE, ERROR-FREE, FREE FROM VIRUSES OR MALICIOUS CODE, OR WILL MEET ANY PARTICULAR CRITERIA OF PERFORMANCE, QUALITY OR PURPOSE. ECG EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES OR REPRESENTATIONS, INCLUDING, WITHOUT LIMITATION, WARRANTIES OR REPRESENTATIONS OF SATISFACTORY QUALITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, COMPATIBILITY, SECURITY, ACCURACY, COMPLETENESS OR BEING UP TO DATE.

FOR THE PURPOSES OF THIS CLAUSE, "LIABILITY" MEANS ANY LIABILITY, WHETHER PURSUANT TO A CLAIM FOR CONTRIBUTION OR UNDER STATUTE, TORT (INCLUDING BUT NOT LIMITED TO LIABILITY FOR NEGLIGENCE), CONTRACT OR OTHERWISE (SAVE THAT ANY EXCLUSIONS OR LIMITATIONS OF LIABILITY SHALL NOT APPLY IN RESPECT OF FRAUD), AND "LIABLE" SHALL BE CONSTRUED ACCORDINGLY.

YOUR USE OF THIS WEBSITE IS AT YOUR OWN RISK AND YOU ASSUME FULL RESPONSIBILITY AND RISK OF LOSS RESULTING FROM YOUR USAGE, INCLUDING, WITHOUT LIMITATION, WITH RESPECT TO LOSS OF CONTENT OR DATA. ECG DISCLAIMS ALL LIABILITY AND RESPONSIBILITY FOR ANY ERRORS OR OMISSIONS IN THE CONTENT ON THIS WEBSITE INCLUDING ALL LIABILITY IN RESPECT OF ANYTHING DONE OR NOT DONE BY ANY PERSON IN RELIANCE, WHETHER WHOLE OR PARTIAL, UPON ANY CONTENT CONTAINED ON THIS WEBSITE.

ECG, AND THE OFFICERS, PERSONNEL AND AGENTS OF THE ENTITIES PARTICIPATING IN THE ECG, SHALL HAVE NO LIABILITY TO ANY USER OR OTHERWISE IN RESPECT OF ANY ACTUAL OR EXPECTED:

1. LOSS OF PROFITS;
2. LOSS OF SALES, LOSS OF REVENUE, LOSS OF BUSINESS, LOSS OF GOODWILL OR LOSS OF OPPORTUNITY;
3. LOSS OF AGREEMENTS OR CONTRACTS;
4. LOSS OF ANTICIPATED SAVINGS;
5. LOSS OF USE OR CORRUPTION OF SOFTWARE, DATA OR INFORMATION;
6. WASTED EXPENDITURE INCLUDING PRE-CONTRACT EXPENDITURE;
7. INCREASED COSTS OR EXPENSES;
8. BUSINESS INTERRUPTION; OR
9. SPECIAL, INCIDENTAL, INDIRECT, OR CONSEQUENTIAL LOSS OF ANY TYPE, INCLUDING BUT NOT LIMITED TO ANY LOSS ARISING OUT OF ANY LIABILITY OF THE USER TO ANY OTHER PERSON, EVEN IF SUCH LOSS WAS REASONABLY FORESEEABLE OR ECG HAD BEEN ADVISED OF THE POSSIBILITY OF THE USER INCURRING IT.

FOR THE AVOIDANCE OF DOUBT, THE LOSS REFERRED TO ABOVE IN SUB-PARAGRAPHS (i) TO (ix) INCLUDE BOTH DIRECT AND INDIRECT LOSSES.

THE CONTENT CONTAINED ON THIS WEBSITE IS GENERAL INFORMATION ONLY AND SHOULD NOT BE CONSTRUED AS LEGAL, TAX, ACCOUNTING OR ANY OTHER PROFESSIONAL ADVICE OR SERVICE OR RELIED UPON. YOU SHOULD CONSULT A PROFESSIONAL ADVISOR FAMILIAR WITH YOUR PARTICULAR FACTUAL SITUATION FOR ADVICE.

CERTAIN LINKS ON THIS WEBSITE MAY LEAD TO OTHER WEBSITES MAINTAINED BY THIRD PARTIES OVER WHOM ECG HAS NO CONTROL. AS SUCH, ECG MAKES NO REPRESENTATION OR WARRANTY AS TO THE CONTENT, ACCURACY, SECURITY OR ANY OTHER ASPECT OF THE INFORMATION CONTAINED ON SUCH WEBSITES AND DISCLAIM ALL RESPONSIBILITY OR LIABILITY IN RESPECT OF THE CONTENTS OF SUCH OTHER WEBSITES. A LINK TO A THIRD PARTY’S WEBSITE SHOULD NOT BE CONSTRUED AS AN ENDORSEMENT BY ECG OF THEM OR THEIR CONTENT, OR BY THEM OF ECG OR THE CONTENT ON THIS WEBSITE.

THE ABOVE DISCLAIMERS AND LIMITATIONS OF LIABILITY ARE APPLICABLE TO THE FULLEST EXTENT PERMITTED BY LAW, WHETHER IN CONTRACT, STATUTE, TORT (INCLUDING, WITHOUT LIMITATION, NEGLIGENCE) OR OTHERWISE. NOTHING IN THESE TERMS OF USE SHALL EXCLUDE OR LIMIT ANY LIABILITY WHICH ECG MAY HAVE FOR DEATH OR PERSONAL INJURY CAUSED BY ITS NEGLIGENCE, OR THE NEGLIGENCE OF THE PERSONNEL, AGENTS OR SUBCONTRACTORS OF THE ENTITIES THAT PARTICIPATE IN THE ECG, OR FOR ANY OTHER LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED BY LAW.

D. Applicable Law and Jurisdiction

These Terms of Use and their formation (and any non-contractual disputes or claims) are governed by English law and you agree to the exclusive jurisdiction of the courts of England and Wales.

If any provision of these Terms of Use is invalid, illegal or unenforceable, then it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision shall be deemed deleted and the remainder of these Terms of Use shall remain in full force and effect.

E. Contacts

This Website is provided by the following entities, together acting as the ECG:

Name	Website
Deloitte Touche Tohmatsu Limited	www.deloitte.com
EY Global Services Limited	www.ey.com
KPMG International	www.kpmg.com
PricewaterhouseCoopers International Limited	www.pwc.com
Grant Thornton International Ltd	www.grantthornton.global
BDO International Limited	www.bdointernational.com

If you have any questions, please contact us at Admin@8CLD.eu

F. Cookies

This Website is being used to provide you access to Content you may find interesting.

This Website deploys a "cookie", which is a technology that allows this Website to store tokens of information (an 'identifier') in your browser, used only by this Website. This information is not released to any third party or used for any purpose other than as stated below. Cookies are not used to determine the personal identity of any user of this Website. This Website deploys the following cookie:

Name of Cookie	Purpose of Cookie	Type of Cookie	Duration of Cookie
8CldDisclaimer	The cookie is used to facilitate the acceptance of these Terms and Conditions of Use. Once accepted a cookie will be deployed from this Website. On expiration you will be required to accept the Terms of Use again.	First party	90 days

If you do not want to receive a cookie from this Website, you have the option of setting your browser to notify you when you receive a cookie, so that you may determine whether to accept it or not. However, please be aware that if you do turn off 'cookies' in your browser, you will be required to accept the Terms & Conditions every time you access this Website.