Have you seen the latest GFSC Handbook updates regarding your independent audit function and require some assistance?
One of the main updates is that firms should consider an independent audit function. The purpose of this is to gauge the effectiveness and acceptability of the policies, procedures and controls (“the PP&Cs”) a specified business uses to act in accordance with Schedule 3, The Relevant Enactments and the Handbook.
You can read more on this update here https://www.aspidagroup.com/handbook-updates-july-2023/
Get in touch with Jessica Regnard who will be happy to advise you on how we can help with your organisations internal audit and risk management functions.
