Regulatory Alerts2023-01-16
TTSEC Circular on Period of Review for Internal and External Audit Reviews Under TIEAA Guidelines
The Trinidad and Tobago Securities and Exchange Commission clarifies the audit review periods for broker-dealers and underwriters under the TIEAA Guidelines due to issuance delays. The regulator mandates that the first external audit report must cover the three-year period ending in 2022, specifically encompassing financial years 2019, 2020, and 2021. This scope aligns with the lagged reporting timeline to the Board of Inland Revenue, ensuring the audit evaluates transactions reported for the periods 2018, 2019, and 2020.
Share