The PRA has published Consultation Paper 8/15: Engagement between external auditors and supervisors and commencing the PRA’s disciplinary powers over external auditors and actuaries (CP8/15).

In CP8/15, the PRA sets out proposals relating to the interaction between itself and auditors and actuaries of PRA-authorised firms. The purpose of the proposals is to encourage consideration of the PRA’s primary safety and soundness objectives and policyholder protection objectives, when determining the nature and rigour of auditors’ and actuaries’ reviews.

The deadline for comments to CP8/15 is 27 May 2015.

View PRA CP8/15: Engagement between external auditors and supervisors and commencing the PRA’s disciplinary powers over external auditors and actuaries, 27 February 2015