Code of Practice for the relationship between the external auditor and the supervisor
10 February 2011
The Financial Services Authority (FSA) has published a draft code of practice designed to enhance coordination and collaboration amongst auditors and financial regulators.
The principles based draft code of practice examines the nature of the relationship between the FSA and a firm's external auditor. The FSA also recommends an appropriate level of communication and exchange of information between auditors and the FSA.
The draft code of practice is subject to consultation.