Regulatory Alerts2010-02-15
Instruction No. 2010-04 of February 15, 2010 amending Instruction No. 2006-02 regarding the appointment of statutory auditors
The Banking Commission issued Instruction No. 2010-04 to amend the regulatory framework for the appointment of statutory auditors by extending the scope to payment institutions and clarifying nomination procedures. The instruction updates the information requirements for credit real estate companies and replaces the previous annexes with new standardized declaration forms for both the appointing establishment and the auditors. These changes aim to ensure rigorous verification of auditor independence, competence, and compliance with ethical standards prior to their appointment.
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