Past version: Effective from 01 Oct 2010 to 30 Sep 2012 To view other versions open the versions tab on the right
Article 61(d) prohibits an auditor from (i) being the chairman or a member of the Board of Directors of the licensee he/she audits; (ii) acting as a managing director, agent or representative of the licensee concerned; and (iii) taking up any administrative work in the licensee, or supervising its accounts, or having a next of kin in such a position.