Entire Section
PIN 6.4 PIN 6.4 Audit of annual regulatory return
PIN 6.4.1 PIN 6.4.1
Subject to PIN Rule 6.4.2, the
Annual Regulatory Return of everyInsurer must be audited in accordance with International Statements on Auditing relevant to the audit of theAnnual Regulatory Return , by theInsurer's auditor.Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]PIN 6.4.1 Guidance
The
Quarterly Regulatory Return is not subject to audit. The qualifications and appointment of the auditor of anAuthorised Firm are specified in GEN chapter 8.Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]PIN 6.4.2
The statements in the
Annual Regulatory Return that are not subject to audit are set out in PIN App10, PRU and theDFSA's electronic prudential reporting system.Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Amended][VER3/08-06]
[Amended] DFSA RM44/2007 (Made 1st June 2007). [VER5/06-07]
[Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]PIN 6.4.3
The report of the auditor on the
Annual Regulatory Return must be made in writing to the directors of theInsurer and to theDFSA and must state whether, in the opinion of the Auditor and so far as concerns those parts of theAnnual Regulatory Return that are subject to audit:(a) theAnnual Regulatory Return has been prepared in accordance with this chapter;(b) the statements in theAnnual Regulatory Return present fairly, in accordance with the basis of preparation prescribed in this chapter, the financial position of theInsurer as at the reporting date and financial performance of theInsurer during the reporting period ended on that date, and the other information required to be presented; and(c) the statements in theAnnual Regulatory Return are in accordance with the books and records of theInsurer .
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]