All posts tagged "audit"
-
171EnforcementS. Korea Amends Bill to Protect Private Equity Fund Investors
The revision bill addresses issues with feeder funds, cross investing between PEFs managed by the same entity, and inappropriate sales activities involving coercive sales tactics.
March 12, 2021 -
86ChinaCSRC Issues Warning Letters to Audit, Asset Appraisal Firms
Warning letters have been issued to 8 audit firms, 28 certified public accountants, 6 assessment agencies, 27 asset appraisers and 6 practitioners.
March 1, 2021 -
111Asia-PacificSEC Thailand Consults on New Rules for Auditors, Audit Firms
The SEC proposes new rules on the reporting of suspected fraud identified in audits, and to lower entry requirements for auditors in the capital markets.
February 18, 2021 -
207FeatureSGX RegCo Raises Audit, Valuation Standards for Listed Firms
Primary-listed issuers must appoint an ACRA-registered auditor, and only use property valuers that meet certain qualification criteria.
January 12, 2021 -
199IndiaRBI Directs Banks to Enhance Internal Audit Function
Banks are encouraged to adopt the international standards for internal audit, such as those issued by the BCBS or the Institute of Internal Auditors.
January 12, 2021 -
564AML / KYCChina Issues New Rules to Protect from Foreign Sanctions
Global businesses that comply with sanctions deemed illegal by MOFCOM can be sued for compensation in Chinese courts.
January 11, 2021 -
447AML / KYCPBOC Revises AML Rules to Enhance Supervisory Scope
With continuous innovation in the financial sector and the emergence of new types of financial businesses, it is necessary to improve the scope of AML supervision, the PBOC says.
January 2, 2021 -
663FeatureMAS Consults on Proposed Notices for Outsourced Services
Banks' outsourcing agreements must include terms that grant MAS the right to audit the outsourced arrangement and obtain information from the service provider.
December 21, 2020 -
253ChinaBill to Block Chinese Listings on US Markets Passes Congress
Once the President signs the bill into law, Chinese companies would be blocked from listing in the US if they don't submit to PCAOB audits.
December 3, 2020 -
650EnforcementProsecutors Assess Whether EY Acted Criminally During Wirecard Audits
Germany's audit supervisor has reportedly told prosecutors that EY may have violated its legal due diligence and reporting obligations during its Wirecard audits.
November 29, 2020
