Resignation or Removal of Auditors
C4-2.2.3
Category 4 investment firms must notify the CBB immediately if they intend to remove their auditors, with an explanation of their decision, or when their auditors resign. Thelicensee must appoint the replacement auditor as soon as practicable but no later than three months.Added: January 2022C4-2.2.4
In accordance Article 63 of the CBB Law, auditors of
category 4 investment firms must inform the CBB in writing, if they resign or their appointment as auditor is terminated, within 30 calendar days, of the event occurring, setting out the reasons for the resignation or termination.Added: January 2022