Regulatory Alerts2021-06-29
Added · Updated
MAS Notice 1007 Appointment of External Auditors
Merchant Banks in Singapore must submit annually for the Authority's approval the name of the auditor they propose to appoint or reappoint for each financial year. These entities are required to maintain a robust process for considering the appointment, reappointment, and removal of an auditor, taking into consideration the auditor's knowledge, independence, competence, and effectiveness. This Notice takes effect on 1 July 2021.
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