REGULATORY INSPECTIONS
Inspections by regulators are an integral strand of effective surveillance and enforcement of an industry. Regulatory inspections especially in the financial sector are conducted regularly in Singapore to maintain the highest possible standards as an international financial hub.
We have a track record of having been appointed as government inspectors for a number of years.
POST-REGULATORY INSPECTION REMEDIATION AUDITS
Remediation audits are often required by regulators following a regulatory inspection. Such audits are to provide regulators with the assurance that any inspected deficiencies in the regulated entities are properly addressed by the Board and Senior Managements of inspected entity.
Audit professionals that can assist inspected companies with such post-regulatory inspection remediation audits are required to meet high standards of professional expertise, domain knowledge and length of practice experience. We have assisted with such high-level audits.
Our audit reports help both the inspected company and the regulator to gain an independent and thorough review of the performance of the required remediations, together with guidance on regulatory compliance and best-practice.