All posts tagged "Auditors"
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581UncategorisedHong Kong Empowers FRC as Independent Auditor Oversight Body
Hong Kong has gazetted an Amendment Ordinance empowering the Financial Reporting Council as an independent oversight body for the HKICPA and auditors of listed companies.
February 18, 2019 -
670FeatureMAS Consults on Revisions to Banking Act
Among the amendments are proposals to expand the grounds for which MAS can revoke a bank licence, and expanded circumstances for auditors to report on a bank's financial soundness.
February 8, 2019 -
354Hong KongHK Bourse Proposes to Suspend Firms with Disclaimer, Adverse Audit Opinions
A trading suspension would be imposed if a listed company’s auditor has issued a disclaimer or adverse opinion on the company’s financial statements.
October 2, 2018 -
266IndiaSEBI Proposes New Rules for Auditors, Other Fiduciaries
Under the new proposals, fiduciaries providing false information in audit or valuation reports will face stringent penalties, including bans from securities markets and forced repayment of any gains deemed unlawful.
July 19, 2018 -
311Asia-PacificBangladesh Banks Call for Reforms on Internal Controls, Compliance
The Bangladesh Institute of Bank Management presented a report calling for reform of internal control and compliance departments at the country’s banks.
April 2, 2018 -
299EnforcementIndian Court Urges End to Auditor ‘Self Regulation’
Supreme Court says auditors lack adequate oversight, have breached central bank and foreign direct investment rules and Chartered Accountants Act.
February 26, 2018 -
206EnforcementHK’s Financial Reporting Council to be Given Extended Powers
Treasury for Financial Services and the Treasury says FRC to given independent oversight, inspection and disciplinary powers.
January 20, 2018
