Accountants Act 2004 · 2020 Revised Edition · Part 5A · Review of Compliance with Quality Control Standards and Requirements to Detect and Prevent Money Laundering, Terrorism Financing and Proliferation Financing
38E. Appointment of entity reviewers
Feedback & supportLast amended by an amending law of 2025. 2 amendments in all.
The Oversight Committee may appoint any employee of the Authority, or any other individual who is suitably qualified, as an entity reviewer to carry out a quality control standards review or an AML/CFT/CPF requirements review, or both.
Oversight Committee
“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 4;
An entity reviewer must carry out a quality control standards review or an AML/CFT/CPF requirements review, or both, in accordance with —
entity reviewer
“entity reviewer” means any individual who is appointed by the Oversight Committee under section 38E to carry out a quality control standards review or an AML/CFT/CPF requirements review;
the practice and procedures of conducting a quality control standards review or an AML/CFT/CPF requirements review determined by the Oversight Committee; and
any instructions issued by the Authority or the Oversight Committee.