1. Member States may allow the transfer to the competent authorities of a third country of audit working papers or other documents held by statutory auditors or audit firms approved by them, and of inspection or investigation reports relating to the audits in question, provided that:
(a) those audit working papers or other documents relate to audits of companies which have issued securities in that third country or which form part of a group issuing statutory consolidated financial statements in that third country;
(b) the transfer takes place via the home competent authorities to the competent authorities of that third country and at their request;
(c) the competent authorities of the third country concerned meet requirements which have been declared adequate in accordance with paragraph 3;
(d) there are working arrangements on the basis of reciprocity agreed between the competent authorities concerned;
(e) the transfer of personal data to the third country is in accordance with Chapt
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