Discussion paper on joint audit requirement for insurers and insurance groups
Last Modified Date:
2020-12-02, 11:58 AM
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The Prudential Authority (PA), as a financial sector regulator, places significant reliance on the independent assurance work performed by external auditors of regulated financial institutions. Auditor independence and the quality of audits have become increasingly important, especially insofar as they relate to institutions deemed as systemically important to the South African financial sector.