Auditor obligations require prompt reporting of suspected regulatory contraventions and full access to collective investment scheme books. Auditors of a collective investment scheme must promptly notify the Board and the trustee in writing if they reasonably suspect regulatory contraventions or that the scheme is not conducted on sound commercial principles. Auditors have a right of access at all reasonable times to the scheme's books and may require employees of the Collective Investment Management Company to provide information and explanations for audit purposes.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Auditor obligations require prompt reporting of suspected regulatory contraventions and full access to collective investment scheme books.
Auditors of a collective investment scheme must promptly notify the Board and the trustee in writing if they reasonably suspect regulatory contraventions or that the scheme is not conducted on sound commercial principles. Auditors have a right of access at all reasonable times to the scheme's books and may require employees of the Collective Investment Management Company to provide information and explanations for audit purposes.
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