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Banking, Insurance and Life Insurance (prudential standard) determination No. 4 of 2016
Compliance with prudential and reportingCompliance with prudential and reporting requirements
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Compliance with prudential and reporting requirements
(e) a report must take the form of limited assurance, based on the Appointed Auditor’s work in (a) to (d) above, that the Level 3 Head has complied with all relevant prudential and reporting requirements under the Prudential Acts and FSCODA, including compliance with prudential standards and reporting standards during the financial year.[5]
- The reporting requirements in paragraph 27 only apply to audit engagements undertaken for the purposes of this Prudential Standard. Where an auditor is engaged for the purposes of another Prudential Standard, the engagement must ensure that the requirements of that other Prudential Standard are met.