The auditor shall immediately send to the CBB a written report of the matter or the irregularity, if an auditor of a
(a) Any matter which, in his opinion, adversely affects or may adversely affect the financial position of the
licensed clearing house or licensed central depository to a material extent;
(b) Any matter which, in his opinion, constitutes or may constitute a breach of any provision of this Module or an offence involving fraud or dishonesty; or
(c) Any irregularity that has or may have a material effect upon the accounts of the
licensed clearing house or licensed central depository, including any irregularity that affects or jeopardises, or may affect or jeopardise, the funds or property of investors.
Amended: April 2016