Regulatory Alerts2024-04-10
Added · Updated
SRO 505 of 2024 – Amendments in Auditors Reporting Obligations Regulations 2018
The Securities and Exchange Commission of Pakistan amends the Auditors (Reporting Obligations) Regulations, 2018, to extend reporting requirements to securities and futures brokers. New definitions for these broker types are added, and auditors are mandated to submit reports to members using the format in Annexure-IIIA. This annexure specifies the structure for independent auditor’s reports, including key audit matters and compliance statements regarding the Securities Act, 2015, and Futures Market Act, 2016.
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