1. Rule 11.1.2
requires every Domestic Fund to have an auditor appointed to it in accordance with Section 189
of the FSMR and any Rules made for the purposes of that Part.
2. Section 189
of the FSMR sets out how an Auditor must be appointed to each Domestic Fund and the Part 15
of the FSMR sets out the main duties and functions of the Auditor. This Chapter sets out additional requirements that apply in relation to auditors of a Fund.