Notice 615 Appointment of Auditors
Requirements for banks on the annual appointment of auditors.
Notices
Notice FHC-N615 on Appointment of Auditors
Requirements for designated financial holding companies with a subsidiary that is a bank incorporated in Singapore on the annual appointment of auditors.
Issued pursuant to:
Financial Holding Companies Act 2013 (FHC Act) sections 39 and 60
Applies to:
Financial Holding Company (Banking)
This notice applies to designated financial holding companies with a subsidiary that is a bank incorporated in Singapore (DFHC(Bank)). This notice sets out the requirements for every DFHC(Bank) to seek MAS’ approval to appoint or re-appoint an auditor annually to carry out the duties specified in section 39 (1) of the Financial Holding Companies Act 2013.
Amendment Notes
- 01 July 2022
-
Notice FHC-N615 on Appointment of Auditors (489 KB)
takes effect.