182 paragraphs found
Under SPS 510 Governance , the RSE licensee is required to ensure that its internal policy and contractual arrangements do not explicitly or implicitly restrict or discourage auditors (or other parties) from communicating with …
Under section 130A of the SIS Act, the RSE auditor may give to APRA information about the entity or a trustee of the entity obtained in the course of, or in connection with the performance of the audit, if the RSE auditor considers that giving the …
The RSE licensee is required to submit to APRA all reports required to be prepared by the RSE auditor in accordance with the prudential requirements and within the time specified in …
These reporting requirements include the scenario where the RSE licensee has more than one RSE within its business operations. In this case, the RSE licensee must ensure that the RSE auditor completes a separate auditor’s report for each …
In the case of the RSE licensee whose business operations include one or more small APRA funds (SAFs), the RSE licensee may engage the RSE auditor to prepare a single auditor’s report covering some or all of the SAFs within its business operations, …
Where the RSE licensee is part of a group, the RSE auditor may prepare that part of the auditor’s report as the RSE auditor considers appropriate, either as part of the group, provided it is clear where the RSE auditor is referring to the RSE licensee or …
Under SPS 310, the RSE licensee must use all reasonable endeavours to assist the RSE auditor in being fully informed of all APRA Prudential Requirements applicable to the RSE licensee. This may include the RSE licensee making the RSE auditor aware of any …
Under SPS 310, the RSE licensee is furthermore required to ensure that the RSE auditor has access to all relevant data, information, reports and staff of the RSE licensee, that the RSE auditor reasonably believes is necessary to fulfil their …
In particular, the RSE licensee is required to provide the RSE auditor with access to their Risk Management Framework (RMF) documents, as outlined in SPS 220 Risk Management , including the annual Risk Management Declaration as approved and signed by …
Under section 35AB(1) of the SIS Act, the RSE auditor can request, in writing from the trustee of the RSE a document that is relevant to the preparation of their report. Each trustee of the RSE must ensure the document is given to the RSE auditor within …