Article 82 - Qualification of Auditor

(1) An Investment Club's auditor must be an individual auditor or firm of auditors qualified to act as auditors in the QFC and approved by the QFC Authority to act as auditors for Investment Clubs and other Companies and other Entities incorporated or registered in the QFC and entered in a register of approved auditors which must be maintained by the CRO.
(2) An auditor shall be regarded as qualified and approved by the QFC Authority to act as an auditor in the QFC and shall be entitled to be entered in the register maintained by the CRO if that auditor meets the criteria for approval set out in rules made by the QFC Authority.
(3) Entry of an auditor or firm of auditors in the register of auditors shall be without prejudice to any rules concerning auditors made by the Regulatory Authority pursuant to the Financial Services Regulations.
Derived (as from 20th December 2016).