24 paragraphs found
The compliance plan auditor may also use the engagement letter to clarify the respective roles of the responsible entity’s directors and the auditor, by contrasting the respective statutory responsibilities of the responsible entity and the compliance …
Under the Act, the responsible entity is required to ensure that the scheme has a compliance plan which meets the requirements of section 601HA. This includes that the compliance plan must set out adequate measures that the responsible entity is to apply …
Under section 601EB(1) of the Act, ASIC must register a managed investment scheme within the prescribed timeframe, unless it appears to ASIC that certain requirements of the Act as specified in that provision have not been met, including whether the …
As part of the audit of the compliance plan, the auditor considers the measures in the compliance plan which relate to the responsible entity’s monitoring of, and reporting on specific matters incorporated into the plan. Such a consideration may include, …