The Secretary of State may make regulations requiring a person eligible for appointment as a statutory auditor, or a member of a specified class of such persons, to keep and make available to the public specified information, including information regarding—
the person's ownership and governance,
the person's internal controls with respect to the quality and independence of its audit work,
the person's turnover, and
the audited persons of whom the person has acted as statutory auditor.
Regulations under this section may—
impose such obligations as the Secretary of State thinks fit on persons eligible for appointment as a statutory auditor;
require the information to be made available to the public in a specified manner.
In this section "specified" means specified by regulations under this section.
Regulations under this section are subject to negative resolution procedure.