CmaBylaw
Executive Bylaws
3-4-5 Of Module Five: Securities Activities and Registered Persons
Section: Chapter Three: Registered Persons
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Sunday, 05 February 2017
Each Auditor shall register with the Authority using the specific form accompanied by the following: 1. Name, date of registration in the Ministry of Commerce and Industry Auditor’s register, headquarters and contact details. 2. Certificate of registration in the Ministry of Commerce and Industry’s register of Auditors. 3. A certificate for each authorized signatory. 4. A list of the names of the review and audit team employees including Professional Employees stating their nationality, professional qualifications and experience. 5. A statement of current Clients at the time of submitting the application. 6. The approved organizational structure. 7. A brief statement of technical and internal policies and procedures used. 8. A written declaration and undertaking of the following: a. To provide all information required by the Authority. b. To notify the Authority as soon as they are unable to meet one of the conditions of registration as stipulated in the previous Articles. c. Not to accept tasks which present a conflict of interest. d. Not to accept tasks which harm the profession’s integrity. e. To notify the Authority as soon as any decision or ruling of any penalty, punishment or legal violation by a Regulatory Body or judicial authority is issued. 9. To pay the fees stipulated by the Authority. 10. Any other requirements set by the Authority. The Authority shall determine the application within thirty days from the Auditor’s submission of an application which fulfils all data, information and conditions stated in this Chapter. The application shall be submitted in accordance with Auditor registration application set out in Appendix 8 of this Module. In the event of a rejection of the application, such determination shall be justified.
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