Responding to Non-Compliance with Laws and Regulations
Responding to Non-compliance with Laws and Regulations is an international ethics standard for auditors and other professional accountants. It sets out a first-of-its-kind framework to guide professional accountants in what actions to take in the public interest when they become aware of a potential illegal act, known as non-compliance with laws and regulations, or NOCLAR, committed by a client or employer.
The standard is the result of an extensive six-year consultative process, including two Exposure Drafts, three global roundtables and extensive outreach to global stakeholders.
The standard came into effect on July 15, 2017.