Regulatory Alerts2022-01-01
Criteria for Auditors
The Financial Services Commission of Jamaica issued these guidelines to establish suitability criteria for auditors of regulated entities in the securities, insurance, and private pensions sectors. The document mandates that appointed auditors must be properly licensed, possess relevant professional experience, maintain continuing education programs, and undergo quality assurance reviews. Additionally, auditors are required to demonstrate strict independence, objectivity, and impartiality to ensure the reliability of financial reporting for regulated entities.
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