Regulatory Alerts2025-06-25
COSOB Instruction No. 25-04 of June 25, 2025, Fixing the Conditions and Procedures for the Registration of Statutory Auditors of Venture Capital Collective Investment Undertakings
The Commission d’Organisation et de Surveillance des Opérations de Bourse (COSOB) issued Instruction No. 25-04 to establish the specific eligibility criteria and application procedures for registering statutory auditors of Venture Capital Collective Investment Undertakings (OPCR). The regulation mandates that applicants must hold valid registration with the National Chamber of Statutory Auditors, possess at least five years of professional experience, and demonstrate good moral standing without recent criminal convictions or disciplinary sanctions. Furthermore, the instruction outlines the required documentation for submission, a one-month examination period by the Commission, a five-year renewable registration validity, and the public publication of the approved auditor list.