GEN 6.4.1

Each Authorised Person and Recognised Body must:

(a) notify the Regulator of the appointment of an Auditor in such form as the Regulator shall prescribe; and
(b) prior to the appointment of the Auditor, take reasonable steps to ensure that the Auditor has the required skills, resources and experience to audit the business of the Authorised Person or Recognised Body for which the auditor has been appointed.