Regulatory Alerts2021-06-29
Added
MAS Notice 1002: Auditors' Reports and Additional Information to be Submitted with Annual Accounts
The Monetary Authority of Singapore issued Notice 1002 to mandate all local merchant banks and their external auditors to submit specific external auditors' reports and additional information with their annual financial statements. The notice details the required types of audit reports, their content and format, and the applicable reporting timeframe for compliance. It supersedes previous versions of the notice and establishes the minimum information requirements for merchant bank financial statements submitted to the regulator.
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