20 June 2022

FMA publishes Auditor Regulation and Oversight Plan 2022-2025

Media Advisory
MR No. 2022 – 16
20 June 2022

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has published its Auditor Regulation and Oversight Plan 2022-2025.

The plan sets out how the FMA aims to improve the audit quality of Financial Markets Conduct reporting entities by:

  • reviewing the systems, policies and procedures that registered audit firms have in place to deliver high-quality audits
  • reviewing individual audit engagements, to ensure they meet the auditing and assurance standards
  • monitoring accredited bodies to ensure they are effective frontline regulators of licensed auditors.

ENDS

 

Media contacts:
Andrew Park
FMA Media Relations Manager
[email protected]
021 220 6770

Campbell Gibson
FMA Senior Adviser, Media Relations
[email protected]
021 945 323