Regulatory Alerts2026-03-02
Guidelines on Continuing Obligations for Registered Auditors
The Securities Commission Malaysia issued these guidelines to establish continuing obligations for registered auditors, including annual transparency reporting and statistics gathering. The document mandates Major Audit Firms to implement independent oversight functions and requires Relevant Audit Firms to publish Annual Transparency Reports detailing governance and audit quality indicators. It also sets strict procedures for auditor changes, resignations, and removals involving Public Interest Entities to ensure professional clearance and regulatory notification.
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