Regulatory Alerts2003-11-06
Added · Updated
Reporting Requirements Relating to Authorized Institutions’ External Auditors under the Banking Ordinance
The Hong Kong Monetary Authority issues this non-statutory guideline to define the reporting obligations of external auditors for Authorized Institutions under the Banking Ordinance. The document mandates that auditors report on the accuracy of banking returns, the adequacy of internal control systems, and specific adverse matters or non-compliance with the Securities and Futures Ordinance. It further establishes protocols for auditor appointment, removal, and direct communication with the regulator, including legal protections for good-faith disclosures.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share