Singapore legislation
Section 115
Section 115
Additional powers of Authority in respect of auditors
(1)
The Authority may impose all or any of the following duties on an auditor of a holder of a capital markets services licence:
a duty to submit to the Authority such additional information in relation to his or her audit as the Authority considers necessary;
a duty to enlarge or extend the scope of his or her audit of the business and affairs of the holder;
a duty to carry out any other examination or establish any procedure in any particular case;
a duty to submit a report to the Authority on any of the matters referred to in paragraphs (b) and (c),and the auditor must carry out such additional duty or duties.
(2)
A holder of a capital markets services licence must remunerate the auditor in respect of the discharge of such additional duty or duties as the Authority may impose under subsection (1).